Why Profusa (PFSA) Stock Soared 36% After Hours?

Benzinga · Oct 29 15:30

Profusa Inc.(NASDAQ:PFSA) shares jumped 36.38% to $0.40 in after-hours trading on Tuesday.

Check out the current price of PFSA stock here.

Manufacturing Capacity Established

The California-based, commercially active digital health company said it has completed key manufacturing initiatives, creating production capacity to supply more than twice the units needed to meet its 2026 revenue goals for Lumee tissue oxygen monitoring systems.

Revenue Timeline Confirmed

Fred Knechtel, Profusa's Chief Financial Officer, said the company's team is "laser-focused on achieving revenue from sales of Lumee tissue oxygen monitoring systems to our customers at the start of the second...

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