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Greenbrook TMS Boasts Revenue Growth and Upcoming Acquisition

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Greenbrook TMS Boasts Revenue Growth and Upcoming Acquisition

Greenbrook Tms (GBNHF) has released an update.

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Greenbrook TMS Inc. reported an 8% increase in quarterly service revenue to $19.1 million, despite facing challenges such as center closures and a cyberattack on a healthcare partner. The company also announced a significant reduction in regional operating loss and is set to be acquired by Neuronetics, Inc., which is expected to enhance its mental health treatment offerings.

For further insights into GBNHF stock, check out TipRanks’ Stock Analysis page.

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