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

Q3 2024 Photocure ASA Earnings Call Transcript
Nov 13, 2024

kr53.8

Earnings
Q2 2024 Photocure ASA Earnings Call Transcript
Aug 07, 2024

kr50.5

Earnings
Q1 2024 Photocure ASA Earnings Call Transcript
May 15, 2024

kr60.1 (-2.91%)

Earnings
Q4 2023 Photocure ASA Earnings Call Transcript
Feb 21, 2024

kr56.3 (-6.09%)

Earnings
Q3 2023 Photocure ASA Earnings Call Transcript
Nov 08, 2023

kr54.9 (+0.91%)

Earnings
Q2 2023 Photocure ASA Earnings Call Transcript
Aug 09, 2023

kr44.5 (-2.63%)

Earnings
Q1 2023 Photocure ASA Earnings Call Transcript
May 10, 2023

kr53.99 (-2.89%)

Earnings
Q4 2022 Photocure ASA Earnings Call Transcript
Feb 23, 2023

kr91.05 (-17.97%)

Earnings
Q3 2022 Photocure ASA Earnings Call Transcript
Nov 02, 2022

kr99.45 (+5.36%)

Earnings
Q2 2022 Photocure ASA Earnings Presentation Transcript
Aug 10, 2022
Q1 2022 Photocure ASA Earnings Presentation Transcript
May 11, 2022
Photocure ASA at Needham Healthcare Conference (Virtual) Transcript
Apr 14, 2022
Q4 2021 Photocure ASA Earnings Presentation Transcript
Feb 23, 2022
Q3 2021 Photocure ASA Earnings Call Transcript
Nov 17, 2021

kr111.66 (-5.21%)

Earnings
Q2 2021 Photocure ASA Earnings Call Transcript
Aug 11, 2021

kr129.29 (-10.53%)

Earnings
Photocure ASA Annual Shareholders Meeting Transcript
May 20, 2021
Q1 2021 Photocure ASA Earnings Presentation Transcript
May 19, 2021
Q4 2020 Photocure ASA Earnings Call Transcript
Mar 03, 2021

kr115

Earnings
Q3 2020 Photocure ASA Earnings Call Transcript
Nov 10, 2020

kr83.9 (+1.57%)

Earnings
Q2 2020 Photocure ASA Earnings Call Transcript
Aug 18, 2020

kr79 (+6.18%)

Earnings
Photocure ASA Annual Shareholders Meeting Transcript
Jun 10, 2020
Q1 2020 Photocure ASA Earnings Call Transcript
May 07, 2020

kr70

Earnings
Q4 2019 Photocure ASA Earnings Call Transcript
Feb 27, 2020

kr75.6 (-14.19%)

Earnings
Q3 2019 Photocure ASA Earnings Call Transcript
Nov 07, 2019

kr58.13 (-4.27%)

Earnings
Q2 2019 Photocure ASA Earnings Call Transcript
Aug 07, 2019

kr49.24 (-4.58%)

Earnings
Q1 2019 Photocure ASA Earnings Call Transcript
May 14, 2019

kr47.56 (+7.36%)

Earnings

Q4 2023 Photocure ASA Earnings Call Transcript

Feb 21, 2024 / 01:00PM GMT

Release Date Price: kr56.3 (-6.09%)

Transcript

Dan Schneider

Photocure ASA - President & CEO

Good afternoon and good morning, depending on where you are on the globe. This is Dan Schneider, President, and CEO of Photocure. Today we're presenting the Photocure fourth quarter 2023 results. With me today is Erik Dahl, CFO, and David Moskowitz, Vice President of Investor Relations.

Next slide, please. Just a reminder, the normal usual disclaimers are in place for today's presentation. Next slide, please. So fourth quarter highlights for 2023, we continue to see growth and execution on key initiatives despite flexible blue light cystoscopy being discontinued worldwide by Karl Storzâs.

Product revenue grew at 20%, unit sales 4% year-over-year. From a new tower installation standpoint, there were 10 new ones opened in the fourth quarter, seven upgrades. We had 51 Saphira towers placed in 2023. This is the largest installation of rigid towers in any year since the launch of Blue Light Cystoscopy into the US.

We're executing on our plan in Europe. There were over 146 image quality upgrades. What this means is that the

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