Overview
NeuroPace Inc Q2 revenue grows 22% yr/yr to $23.5 mln, beating estimates
Company raises full-year 2025 revenue guidance to $94-$98 mln
Gross margin improves to 77.1% driven by manufacturing efficiencies
Outlook
NeuroPace raises 2025 revenue guidance to $94 mln-$98 mln
Company increases 2025 gross margin guidance to 75%-76%
Result Drivers
RNS SYSTEM SALES - Revenue growth driven by increased sales of the RNS System
MANUFACTURING EFFICIENCIES - Strong gross margin of 77.1% attributed to manufacturing efficiencies and positive product mix
PROJECT CARE MOMENTUM - Increased contribution from Project CARE in Q2 2025
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $23.52 mln | $23.10 mln (8 Analysts) |
Q2 EPS |
| -$0.26 |
|
Q2 Net Income |
| -$8.65 mln |
|
Q2 Gross Profit |
| $18.13 mln |
|
Q2 Income from Operations |
| -$6.82 mln |
|
Q2 Operating Expenses |
| $24.96 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Neuropace Inc is $17.00, about 47.7% above its August 11 closing price of $8.89
Press Release: ID:nGNX1fD17D