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NeuroPace Inc.: Q1 Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — NeuroPace Inc. (NPCE) on Tuesday reported a loss of $6.7 million in its first quarter.

On a per-share basis, the Mountain View, California-based company said it had a loss of 20 cents. Losses, adjusted for non-recurring costs, were 13 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The company posted revenue of $22.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $21.6 million.

NeuroPace Inc. expects full-year revenue in the range of $99 million to $100 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NPCE at https://www.zacks.com/ap/NPCE

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