RE:RE:RE:RE:Target 25 installations by YE, up from 14 as of Q2 Conf CallMrMugsy wrote: HomerAndCompany wrote: MrMugsy wrote: HomerAndCompany wrote:
This increase in the rate of installations is to be facilitated by doubling the size of sales and installation teams by Q4. .
Not sure I understand the numbers ...
- 11 Procedure Centers in USA (one of them doubles as a learning center)
- 1 additional learning center
- 7 in Europe
- 1 in Japan
That's 20 in total
Are they going to 25 in total (5 more) - OR - 25 in the USA for 2021 ?
Not much time in 2021 if they plan on getting to 25 in the USA alone - unless they're adding but not updating the company map at this time. I
My understanding from the Q2 conference call was that they had 14 sites giving treatments at that time, with a target of 25 sites giving treatments by the end of 2021. Not all of the 20 sites you list are giving treatments, as you identifed one as a learning site only.
I'd have to listen to the Q2 call again to try to reconcile the numbers. But more important than the specific numbers is the intention to significantly accerlerate the rate at which new sites are added by doubling their sales and installation teams by Q3.
Thanks - I will have a closer listen. I've heard so many numbers thrown around that I'm now questioning what the actual goal is by yearend. Thanks.
What seemed clear moreso than the exact numbers is that PRN views the past financial progress as slow (the consequence of a conservative approach taken with early installations they say)
and expects that progress to speed up through a number of actions they are taking in Q4 and 2021, as well as the snowballing effect from existing installations ramping up.