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Photocure ASA (PHCUF)
:PHCUF
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.01Last Year’s EPS
-0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -6.18%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call for Photocure presented a positive outlook with strong revenue growth, particularly in Europe, and successful strategic initiatives like the ForTec mobile strategy. Despite some challenges such as foreign exchange impacts and delays in the Chinese market launch, the company maintained positive EBITDA and increased its cash reserves.Company Guidance
During the Q3 2024 earnings call for Photocure ASA, numerous metrics were highlighted to underscore the company's positive performance and strategic initiatives. The company achieved a 12% growth in revenue, with a 12% increase in unit sales in both North America and Europe. North American revenue growth was driven by a 6% increase in volume, whereas Europe's growth was attributed to a 9% volume increase. Photocure's EBITDA remained positive for the sixth consecutive quarter, reaching NOK 5 million. The company also added NOK 30 million to its cash reserves, culminating in a total of NOK 291 million. The Saphira installations in the U.S. rose to 49, and the company remains on track to meet its guidance of 55-70 placements for the year. Photocure's ForTec mobile strategy contributed over 3% of the U.S. business by the end of October. In Europe, priority growth markets like the U.K., Italy, and France experienced a combined growth of 12%. Overall, the company reiterated its 2024 guidance of 6-9% product growth in constant currency, positive EBITDA, and continued expansion in strategic markets.Strong Revenue Growth
Revenue for Q3 2024 increased by 12% compared to the previous year, driven by unit sales growth of 6% in the U.S. and 9% in Europe.
Positive EBITDA
The EBITDA for Q3 was NOK 5 million, marking the sixth consecutive quarter of positive EBITDA.
Successful Rollout of ForTec Mobile Strategy
The ForTec mobile strategy contributed to 3% of total U.S. sales, with 36 accounts using the service by the end of October.
European Market Expansion
Priority growth markets such as the U.K., Italy, and France grew by 12%, with significant momentum in Germany at 11% growth.
Early Approval of Hexvix in China
Hexvix was approved six months ahead of schedule in China, with high-quality Phase III data recognized by the Chinese NMPA.
Cash Flow and Balance Sheet
Photocure ended Q3 with a cash balance of NOK 291 million, up NOK 24.1 million from the previous year.
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PHCUF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PHCUF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $5.02 | $4.63 | -7.77% |
| Nov 13, 2024 | $4.94 | $4.87 | -1.42% |
| Aug 07, 2024 | $4.59 | $4.64 | +1.09% |
| May 15, 2024 | $5.80 | $5.64 | -2.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Photocure ASA (PHCUF) report earnings?
Photocure ASA (PHCUF) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Photocure ASA (PHCUF) earnings time?
Photocure ASA (PHCUF) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PHCUF EPS forecast?
PHCUF EPS forecast for the fiscal quarter 2025 (Q1) is 0.01.
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