Profound Medical (NASDAQ: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.
