Profound Medical (PROF) Reports Q3 Loss, Lags Revenue Estimates
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Profound Medical (PROF) reported a Q3 loss of $0.38 per share, missing the Zacks Consensus Estimate of a $0.33 loss. This is a larger loss compared to $0.26 per share a year ago.
November 08, 2024 | 12:45 am
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Profound Medical reported a larger-than-expected Q3 loss of $0.38 per share, missing the Zacks Consensus Estimate of $0.33 and widening from last year's $0.26 loss.
The larger-than-expected loss and the widening of losses compared to the previous year are likely to negatively impact investor sentiment and the stock price in the short term.
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