Profound Medical: Q1 Earnings Insights

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Profound Medical PROF reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Profound Medical beat estimated earnings by 5.88%, reporting an EPS of $-0.32 versus an estimate of $-0.34.

Revenue was up $496 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 5.56% drop in the share price the next day.

Here's a look at Profound Medical's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.36 -0.38 -0.40 -0.43
EPS Actual -0.46 -0.24 -0.28 -0.40
Revenue Estimate 2.72M 2.35M 2.02M 1.70M
Revenue Actual 1.30M 2.04M 2.02M 1.36M

To track all earnings releases for Profound Medical visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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