Profound Medical Corp. Provides Preliminary Revenue Guidance for the Fourth Quarter and Full Year of 2019
January 10, 2020 at 06:13 pm IST
Profound Medical Corp. provided preliminary revenue guidance for the fourth quarter and full year of 2019. The company anticipates total revenues for the fourth quarter of 2019 to be approximately $2.7 million, representing growth of 59% year-over-year and 296% sequentially over the previous quarter.
For the full year 2019, the company anticipates total revenues to be approximately $5.4 million, which compares to $2.6 million in 2018. These figures are preliminary and unaudited, and actual revenues may differ.