Profound Medical Sees Strong Revenue Growth in Q2

Profound Medical (TSE:PRN) has released an update.

Profound Medical Corp. reported a 39% increase in Q2 2024 revenue, reaching $2.23 million, driven by sales of TULSA-PRO systems and consumables, amidst ongoing efforts to expand the installed base and prepare for future CMS reimbursement changes. The company is also advancing with its CAPTAIN trial and FDA-cleared TULSA-AI module, indicating a strong commercial trajectory.

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