EXCLUSIVE: ProSomnus Reports Much Smaller Than Expected Q2 Loss, Revenues Inline With Consensus
Obstructive Sleep Apnea treatment provider ProSomnus Inc (NASDAQ: OSA) reported Q2 revenues of $6.9 million, up 43% Y/Y and a sequential revenue increase of 19%, slightly beating the consensus of $6.4 million. Revenue growth and the underlying growth in deliveries of the company’s products reflect the growing clinical adoption of ProSomnus’s precision devices in the U.S. and Europe and the positive impacts of the expanded field sales team during 1H of 2023. The company reported an EPS loss of $(