Profound Medical Corp PROF

Good week so far, hopefully earnings will help

[homer111]

PRN is up about 20% for the week - let's hope earnings this afternoon will help continue this trend. Should be a decent 2025 as well!

[HomerAndCompany]

Revenue was up two thirds over the same quarter in 2023, despite some patients presumably putting treatment off until the CPT codes come into effect in January, 2025. I thought that was a decent performance. But we couldn`t maintain the share price boost that the good CPT code news provided. I didn`t notice anything negative in the Q3 report other than the fact that the target of 75 treatment

[homer111]

from one homer to another - i hope you're right! it seems to me like 2025 should be a banner year for PRN with reimbursements coming into effect. anyone else loading up also in anticipation of much larger revenue growth next year? 

[HomerAndCompany]

Another way to look at the number of sites is that if the existing sites were just moderately busy, like an average of 1 treatment per week per site, Profound would be very near to the break even point. If the existing sites were anything remotely like "too busy" Profound would be making a very healthy profit. So if not hitting their target of 75 sites in 2024 becomes a "problem