Profound Medical Corp (PROF)

[ebrie014]

Im not sure about that - they had 1.2-1.3M of sales that were delayed in Q3 and were likely to be reported in Q4 (we will see but it’s highly likely) than if they dont sell another system at all in that Q they still have close to 200k from recurring parts and services from systems already installed. So realistically they could hit about 1.4-1.5M reasonably and if they sell another system in Q4 add another 500k and you are close to 2M. But we will see these things always take more time and longer than expected to ramp up so don’t be surprised about delays. Though I think 2020 should start showing more traction.

E.