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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