Yahoo Finance Profound Medical Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Profound Medical (TSE:PRN) Full Year 2023 Results
Key Financial Results
Net loss: US$28.6m (flat on FY 2022).
US$1.35 loss per share (improved from US$1.38 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Profound Medical Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 7.4%.
Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 31% growth forecast for the Medical Equipment industry in Canada.
Performance of the Canadian Medical Equipment industry.
The company's shares are down 11% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Profound Medical (1 is significant!) that you need to take into consideration.
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