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Brainsway reports Q4 EPS (12c) vs (4c) last year

Reports Q4 revenue $6.033M vs $8.470M last year. "Since assuming the role of CEO earlier this year, I have focused on implementing key initiatives aimed at growing the Company’s top-line while simultaneously advancing toward profitability," said Hadar Levy, BrainsWay’s Chief Executive Officer. "Based on our confident outlook for 2023 and the actions we have implemented to date, we are aiming for revenue growth over 2022, and targeting breakeven operating income in the fourth quarter of 2023. Importantly, TMS remains a large market with strong momentum and there is ample opportunity for BrainsWay to capture meaningful market share, both in the U.S. and internationally."

Published first on TheFly

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