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

Profound Medical Corp. (NASDAQ:PROF) announced it will release its fourth quarter and full year 2022 financial results on March 7, 2023, after market close.

(Moderate)

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Rhea-AI Summary

Profound Medical Corp. (NASDAQ:PROF) announced it will release its fourth quarter and full year 2022 financial results on March 7, 2023, after market close. A conference call is scheduled for the same day at 4:30 p.m. ET to discuss these results and business developments. Profound specializes in customizable, incision-free therapies for tissue ablation, notably through its products TULSA-PRO and Sonalleve. Both technologies hold various medical approvals, enhancing the company’s market footprint. Investors can access the live call through a registration link provided in the announcement.

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Positive

  • Products TULSA-PRO and Sonalleve are CE marked and FDA cleared.
  • Expanding potential treatment markets for Sonalleve.

Negative

  • None.
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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.

For further information, please contact:

Stephen Kilmer
Investor Relations
skilmer@profoundmedical.com
T: 647.872.4849


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are Profound Medical's upcoming financial results announcement dates for 2022?

Profound Medical will announce its fourth quarter and full year 2022 financial results on March 7, 2023.

When is the conference call for Profound Medical's 2022 financial results?

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

What are the key products offered by Profound Medical?

Profound Medical offers two key products: TULSA-PRO and Sonalleve, both aimed at tissue ablation.

Is Profound Medical's TULSA-PRO FDA approved?

Yes, TULSA-PRO is FDA cleared.

Does Profound Medical have plans for new treatment areas?

Yes, Profound Medical is exploring additional treatment markets for Sonalleve.

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