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OpSens Releases Q3 Results

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OPSENS ANNOUNCES RESULT FOR Q3 2020

Quebec City, Quebec, July 15, 2020 – OpSens Inc. (“OpSens” or the “Company”) (TSX:OPS) (OTCQX:OPSSF) today reported its results for the third quarter of 2020.

Highlights

  • Net earnings of $0.1 M for the third quarter ended May 31, 2020 compared with a net loss of $1.1 M for the corresponding period in 2019;
  • Consolidated revenues of $6.6 M for the third quarter ended May 31, 2020 compared with $7.9 M for the corresponding period in 2019;
  • Sales of products for the measurement of coronary stenosis (Fractional Flow Reserve (“FFR”) and diastolic pressure ratio (“dPR”)) at $4.4 M for the third quarter ended May 31, 2020 compared with $5.2 M for the corresponding period in 2019;
  • OpSens surpasses 100,000 procedures with the OptoWire…

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