Post by
rocko65 on Aug 11, 2022 11:07am
if you build it they will come
thanks charlie great to see new sites being opened. seems like they have been sucessful in the first part of the strategy. Utilization rate or $1 mil per quarter in recurring revenue is the problem . why are the units not being used. its great to get them into more centers but what is going to get the rate up at least double or triple from the current usage? As part of the contracts are they required to perform a certain number of procedures per quarter/year ? Feedback would be great! as a long term investor im wanting to add more but its hard to get excited when the recurring revenue has been at this level for at least the last 2 quarters
Comment by
Charlie263 on Aug 11, 2022 4:19pm
As per CEO, Q4 revenue should be double of current revenue. If that happens, my faith in Proufound' strategy will be further Strenghtened.
Comment by
HomerAndCompany on Aug 12, 2022 10:25am
Q4 revenue double Q2? That's well into exponential growth teritory & would boost my faith too. Did you get that from the latest results webcast or.....? Thanks!
Comment by
Charlie263 on Aug 26, 2022 11:01pm
Recurring revenue should double sd per CEO's comments from one of the earlier investor conference. I think approval of CPT code is the key Catalyst.