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Profound Medical (PRN) Set to Announce Earnings on Thursday

Profound Medical logo with Medical background

Profound Medical (TSE:PRN - Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Profound Medical to post earnings of C($0.42) per share for the quarter.

Profound Medical (TSE:PRN - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported C($0.38) earnings per share for the quarter, meeting the consensus estimate of C($0.38). The company had revenue of C$3.06 million for the quarter, compared to analysts' expectations of C$3.42 million.

Profound Medical Stock Performance

PRN stock traded down C$0.21 on Thursday, hitting C$10.18. The company had a trading volume of 1,400 shares, compared to its average volume of 7,035. The company has a current ratio of 8.61, a quick ratio of 14.98 and a debt-to-equity ratio of 16.95. Profound Medical has a 12-month low of C$9.55 and a 12-month high of C$16.00. The stock has a market cap of C$249.21 million, a price-to-earnings ratio of -6.08 and a beta of 0.81. The stock's 50-day simple moving average is C$10.97 and its 200 day simple moving average is C$11.52.

Insider Transactions at Profound Medical

In other news, Senior Officer Rashed Osman Dewan purchased 9,765 shares of the business's stock in a transaction on Thursday, August 15th. The stock was acquired at an average cost of C$12.85 per share, for a total transaction of C$125,480.25. Company insiders own 8.62% of the company's stock.

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 for Profound Medical (TSE:PRN)

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