earnings
confidence high
sentiment positive
materiality 0.75
Profound Medical Q2 revenue $2.5M (+12% YoY); net loss improves 39% to $9.5M; reiterates FY2026 guidance of $25M
Profound Medical Corp.
- Revenue $2.5M, up 12% YoY; $3.1M of TULSA shipments shifted to Q3 due to logistics, resolved.
- Net loss $9.5M ($0.26/share) vs $15.7M ($0.52/share) in Q2 2025, a 39% improvement.
- Gross margin 78% (up from 73%); operating expenses down 16% to $13.0M.
- Reiterates FY2026 revenue guidance of $25.0M (56% YoY growth) and gross margin ≥70%.
- TULSA-PRO installed base 84; payer coverage expanded by 18.3M lives; first employer health plans list TULSA.