tiprankstipranks
Compumedics Limited Accelerates Growth with Equity Raise
Company Announcements

Compumedics Limited Accelerates Growth with Equity Raise

Compumedics Limited (AU:CMP) has released an update.

Pick the best stocks and maximize your portfolio:

Compumedics Limited has announced a $2.15 million equity raise to accelerate growth, following strong sales performance across the USA, Europe, and Asia. The company reported a 150% increase in orders in the USA, driven by its sleep and Somfit business, and a 65% rise in Europe, supported by initial sales of its Somfit product. With a 175% surge in Asia, primarily from China, Compumedics is poised for continued momentum and expansion.

For further insights into AU:CMP stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App