2023-05-17 07:34:43 ET
- Brainsway press release ( NASDAQ: BWAY ): Q1 GAAP EPS of -$0.07 beats by $0.04 .
- Revenue of $6.6M (-17.5% Y/Y) beats by $0.2M .
- The Company shipped a net total of 48 Deep TMS new systems during the first quarter of 2023, bringing BrainsWay’s total Deep TMS installed base to 932 total systems as of March 31, 2023, an 18% increase from the installed base at the same point in the prior year.
- As of March 31, 2023, the Company had shipped 453 obsessive-compulsive disorder (OCD) coils as add-on helmets to certain of BrainsWay’s new and existing systems, representing OCD treatment capability on nearly 50% of its total installed base.
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Brainsway GAAP EPS of -$0.07 beats by $0.04, revenue of $6.6M beats by $0.2M