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Leede Financial Comments on TSE:PRN FY2024 Earnings

Profound Medical logo with Medical background

Profound Medical Corp. (TSE:PRN - Free Report) - Research analysts at Leede Financial issued their FY2024 earnings per share estimates for Profound Medical in a report issued on Monday, November 4th. Leede Financial analyst D. Loe anticipates that the company will post earnings per share of ($1.27) for the year. The consensus estimate for Profound Medical's current full-year earnings is ($1.90) per share. Leede Financial also issued estimates for Profound Medical's FY2025 earnings at ($0.28) EPS and FY2026 earnings at $0.14 EPS.

Profound Medical Price Performance

Shares of PRN traded up C$0.26 during trading hours on Wednesday, hitting C$11.20. 7,425 shares of the company were exchanged, compared to its average volume of 7,037. The company has a debt-to-equity ratio of 16.95, a current ratio of 8.61 and a quick ratio of 14.98. The company has a market capitalization of C$274.18 million, a PE ratio of -6.59 and a beta of 0.81. The firm has a fifty day simple moving average of C$10.81 and a 200-day simple moving average of C$11.51. Profound Medical has a one year low of C$9.55 and a one year high of C$16.00.

Profound Medical (TSE:PRN - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.38) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.38). The business had revenue of C$3.06 million during the quarter, compared to analyst estimates of C$3.42 million.

Insider Activity

In other Profound Medical news, Senior Officer Rashed Osman Dewan bought 9,765 shares of the firm's stock in a transaction dated Thursday, August 15th. The stock was acquired at an average price of C$12.85 per share, with a total value of C$125,480.25. 8.62% of the stock is currently owned by company insiders.

About Profound Medical

(Get Free Report)

Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system combines magnetic resonance imaging(MRI), robotically-driven transurethral sweeping action/thermal ultrasound and closed-loop temperature feedback control to provide precise, flexible, and durable ablation of a surgeon defined region of prostate and protect the urethra and rectum.

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Earnings History and Estimates for Profound Medical (TSE:PRN)

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