Pro Medicus: New Contract Tracking Our Unchanged Expectations

Pro Medicus announced a contract win with Oregon Health & Science University for a total committed minimum value of AUD 20 million over eight years. OHSU is a key academic medical center in the state of Oregon. Planning for the rollout is commencing immediately based on Pro Medicus’ established cloud-based implementation and we assume a nine-month earnings contribution in fiscal 2025, making up 1% of our total fiscal 2025 revenue forecast of AUD 196 million. Our constant-currency earnings estimates are unchanged as we had assumed further contract wins would contribute to earnings growth.