PhotoCure ASA (LTS:0IMT)
kr 48.95 -0.35 (-0.71%) Market Cap: 1.34 Bil Enterprise Value: 1.05 Bil PE Ratio: 88.47 PB Ratio: 2.50 GF Score: 79/100
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Q3 2023 Photocure ASA Earnings Call Transcript

Nov 08, 2023 / 01:00PM GMT
Release Date Price: kr54.9 (+0.91%)
Dan Schneider
Photocure ASA - President, and CEO

Well, good afternoon to everyone in Europe and good morning to everyone in the US. Welcome to Photocure's third quarter 2023 results. With me, I'm Dan Schneider, President and CEO. With me today will be Erik Dahl, CFO, and on the line also David Moskowitz, Vice president Investor Relations

Next slide, please. So just to remind you, the usual disclaimers are in effect for today's presentation. Slide 3, please. Let me just start out by definitely acknowledging there's been some headwinds, but there's a lot of good signs the business progressing, and this is for growth despite the headwinds of [discontinuation] and economic forces out of our control.

On this slide, Panel one, I think it displays the level of interest remains high and continues to grow. Karl Storz promotional program continued into the third and into the end of this year fourth quarter, we have a good stockpile of appeals over 100 they take longer to come through. And also the quotes themselves require access to capital budget.

Negative 1% was a phase down the flex

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