05:12 PM EDT, 08/13/2024 (MT Newswires) -- NeuroPace ( NPCE ) reported a Q2 net loss late Tuesday of $0.26 per diluted share, narrower than a loss of $0.36 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.31.

Revenue for the quarter ended June 30 was $19.3 million, up from $16.5 million a year earlier.

Analysts surveyed by Capital IQ expected $18.3 million.

The company raised its full-year 2024 revenue guidance to range between $76 million and $78 million from $73 million to $77 million previously. Analysts polled by Capital IQ expect $75.9 million.

As of June 30, the company said it had cash, cash equivalents, and short-term investments balance of $55.5 million.

Shares of NeuroPace ( NPCE ) were down nearly 4% in after-hours trading.

Price: 7.00, Change: -0.28, Percent Change: -3.85