🟢 Neuronetics is trading 5% up today after Q2 earnings beat

Neuronetics is trading 5.3% up now at $3.38 after investors continued digesting its August 11 earnings beat.

• Second-quarter revenue reached $41.6 million, while adjusted EBITDA turned positive at $0.3 million.
• Management raised gross-margin guidance while narrowing revenue guidance.
• BTIG subsequently raised its price target to $6; broader risk-on sentiment may also be supporting the move.