EDAP TMS S.A. (EDAP) Q3 2024 Earnings Call Transcript

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EDAP TMS S.A. ( NASDAQ: EDAP ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants John Fraunces - LifeSci Advisors Ryan Rhodes - Chief Executive Officer Ken Mobeck - Chief Financial Officer Conference Call Participants Michael Sarcone - Jefferies Sean Lee - H.

C. Wainwright & Co. Operator Good day, everyone, and welcome to today's EDAP TMS Third Quarter 2024 Earnings Conference Call.



At this time all participants are in a listen-only mode. Later you will have an opportunity to ask questions during the question-and-answer session. [Operator Instructions] Please note, this call is being recorded and I will be standing by if you need any assistance.

It is now my pleasure to turn today's program over to John Fraunces of LifeSci Advisors. John Fraunces Good morning. Thank you for joining us for the EDAP TMS third quarter 2024 financial and operating results conference call.

Joining me on today's call are Ryan Rhodes, Chief Executive Officer; Ken Mobeck, Chief Financial Officer; and Francois Dietsch, Chief Accounting Officer. Before we begin, I would like to remind everyone that management's remarks today may contain forward-looking statements which include statements regarding the company's growth and expansion plans. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in such forward-looking statements.

Factors that may cause such a difference include, but are not limited to, those described in the company's filings with the Securities and Exchange Commission. I would now like to turn the call over to EDAP's Chief Executive Officer, Ryan Rhodes. Ryan? Ryan Rhodes Thank you, John, and good morning, everyone.

In the third quarter, we reported total worldwide revenue in U.S. dollars of $14.

4 million, representing currency-adjusted growth of 11.6% on a year-over-year basis. Our core Focal One HIFU business continues to.