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EDAP TMS SA ADR Q1 Loss Increases

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

EDAP TMS SA ADR (EDAP) reported Loss for its first quarter of -EUR7.074 million

The company's bottom line came in at -EUR7.074 million, or -EUR0.19 per share. This compares with -EUR4.546 million, or -EUR0.12 per share, last year.

The company's revenue for the period fell 9.1% to EUR13.558 million from EUR14.908 million last year.

EDAP TMS SA ADR earnings at a glance (GAAP) :

-Earnings: -EUR7.074 Mln. vs. -EUR4.546 Mln. last year.
-EPS: -EUR0.19 vs. -EUR0.12 last year.
-Revenue: EUR13.558 Mln vs. EUR14.908 Mln last year.

Looking ahead, EDAP said: “The company is reiterating its previously issued 2025 financial guidance. EDAP expects year-over-year revenue growth of 16 and 25% in its core HIFU business, and revenue declines between 20 and 25% in its non-core businesses (ESWL and Distribution).”

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