Perimeter’s S-Series OCT Technology Adopted by HCA HealthONE Rose in Colorado

Perimeter Medical Imaging AI ( (TSE:PINK) ) has issued an update.

Perimeter Medical Imaging AI announced that HCA HealthONE Rose in Colorado is the first in the state to adopt its S-Series OCT imaging technology for surgical use. This adoption marks a significant expansion of Perimeter’s commercial footprint, enhancing surgical care by providing surgeons with advanced imaging capabilities to visualize tissue at the cellular level, potentially reducing the need for additional procedures.

The most recent analyst rating on (TSE:PINK) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Perimeter Medical Imaging AI stock, see the TSE:PINK Stock Forecast page.

Spark’s Take on TSE:PINK Stock

According to Spark, TipRanks’ AI Analyst, TSE:PINK is a Neutral.

The overall score reflects significant financial challenges, including profitability and cash flow issues, which are the most impactful factors. While the earnings call showed positive revenue growth and operational improvements, the ongoing net loss and limited cash reserves are critical concerns. Technical indicators and valuation metrics provide a mixed outlook, with no immediate signs of strong momentum or value.

To see Spark’s full report on TSE:PINK stock, click here.

More about Perimeter Medical Imaging AI

Perimeter Medical Imaging AI, Inc., based in Toronto, Canada, and Dallas, Texas, is a medical technology company focused on transforming cancer surgery with advanced imaging tools. Their FDA-cleared Perimeter S-Series OCT system provides real-time, cross-sectional visualization of excised tissues at the cellular level, and they are developing the next-generation B-Series OCT with artificial intelligence.

Average Trading Volume: 92,127

Technical Sentiment Signal: Sell

Current Market Cap: C$22.57M

See more insights into PINK stock on TipRanks’ Stock Analysis page.