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PRN — Profound Medical News Story

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Profound Medical Corp reports results for the quarter ended December 31 - Earnings Summary

Profound Medical Corp PRN.TO reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -42 cents.  The mean expectation of three analysts for the quarter was for a loss of 35 cents per share. Wall Street expected results to range from -39 cents to -30 cents per share.

Revenue rose 107.9% to $4.18 million from a year ago; analysts expected $4.27 million.

Profound Medical Corp's reported EPS for the quarter was a loss of 20 cents​.

The company reported a quarterly loss of $4.95 million.

Profound Medical Corp shares had fallen by 4.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the advanced medical equipment & technology peer group is  "buy."

Wall Street's median 12-month price target for Profound Medical Corp is C$24.42

This summary was machine generated from LSEG data March 7 at 01:33 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.35-0.20Beat
Sep. 30 2024-0.29-0.38Missed
Jun. 30 2024-0.29-0.28Beat
Mar. 31 2024-0.27-0.26Beat

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