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Profound Medical to Release Fourth Quarter and Full Year 2022 Financial Results on March 7 – Conference Call to Follow

Key Takeaway: Profound Medical Corp. is scheduled to announce its fourth quarter and full year 2022 financial results on March 7, 2023, after market close. A conference call will follow to review these results and discuss business developments during the reporting period. The company continues to promote its advanced technologies, TULSA-PRO® and Sonalleve®, both of which have gained regulatory approvals for their respective indications in medical treatments.

Market Sentiment Analysis

POSITIVE FACTORS

  • Profound Medical is set to release its financial results, showcasing transparency.
  • The company has innovative, personalized healthcare solutions that may enhance patient care.
  • TULSA-PRO® and Sonalleve® are promising technologies that have received various regulatory approvals.

Full Press Release Details

TORONTO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, will announce its fourth quarter and full year 2022 financial results after market close on Tuesday, March 7, 2023.
Profound management will host a conference call at 4:30 p.m. ET to review the financial results and discuss business developments in the period.
Fourth Quarter and Full Year 2022 Results Conference Call Details:
Date: Tuesday, March 7, 2023
Time: 4:30 p.m. ET
Live Call Registration: https://register.vevent.com/register/BI2cf87d5cb6344d4585e48e81f4c95186
The call will also be broadcast live and archived on the Company's website at www.profoundmedical.com under "Webcasts" in the Investors section.
About Profound Medical Corp.
Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue.
Profound is commercializing TULSA-PRO®, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control. TULSA-PRO® is designed to provide customizable and predictable radiation-free ablation of a surgeon-defined prostate volume while actively protecting the urethra and rectum to help preserve the patient’s natural functional abilities. TULSA-PRO® has the potential to be a flexible technology in customizable prostate ablation, including intermediate stage cancer, localized radio-recurrent cancer, retention and hematuria palliation in locally advanced prostate cancer, and the transition zone in large volume benign prostatic hyperplasia (“BPH”). TULSA-PRO® is CE marked, Health Canada approved, and 510(k) cleared by the U.S. Food and Drug Administration (“FDA”).
Profound is also commercializing Sonalleve®, an innovative therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases. Sonalleve® has also been approved by the China National Medical Products Administration for the non-invasive treatment of uterine fibroids and has FDA approval under a Humanitarian Device Exemption for the treatment of osteoid osteoma. The Company is in the early stages of exploring additional potential treatment markets for Sonalleve® where the technology has been shown to have clinical application, such as non-invasive ablation of abdominal cancers and hyperthermia for cancer therapy.
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Frequently Asked Questions

When will Profound Medical announce its Q4 2022 results?

Profound Medical will announce its Q4 2022 results on March 7, 2023.

What time is the Profound Medical conference call?

The conference call is scheduled for 4:30 p.m. ET on March 7, 2023.

What is TULSA-PRO® used for?

TULSA-PRO® is used for customizable and radiation-free prostate ablation.

What does Sonalleve® treat?

Sonalleve® is for treating uterine fibroids and palliative bone metastases pain.

Is Sonalleve® FDA approved?

Yes, Sonalleve® received FDA approval for treatment under a Humanitarian Device Exemption.

Last updated: Feb 14, 2023