Greenbrook TMS Third Quarter 2023 Earnings: US$0.30 loss per share (vs US$0.59 loss in 3Q 2022)

Greenbrook TMS (NASDAQ:GBNH) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$18.0m (down 13% from 3Q 2022).
• Net loss: US$12.7m (loss narrowed by 22% from 3Q 2022).
• US$0.30 loss per share (improved from US$0.59 loss in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Greenbrook TMS Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are down 6.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Greenbrook TMS has 5 warning signs (and 3 which can't be ignored) we think you should know about.

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