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Compumedics Expands MEG Sales with Major Chinese University Order

Story Highlights
  • Compumedics secures a $4.9 million MEG order from Beijing Normal University.
  • The order boosts Compumedics’ total MEG sales to $25 million, reinforcing its market leadership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Compumedics Expands MEG Sales with Major Chinese University Order

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Compumedics Limited ( (AU:CMP) ) has shared an update.

Compumedics Limited has secured a new $4.9 million MEG sales order from Beijing Normal University, bringing its total MEG sales to $25 million. This order strengthens Compumedics’ leadership in the Chinese neuro-imaging market and supports its growth strategy, with plans for further expansion in China, North America, and Europe. The deal highlights the company’s innovative MEG products and positions it for sustainable revenue growth through FY27.

The most recent analyst rating on (AU:CMP) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Compumedics Limited stock, see the AU:CMP Stock Forecast page.

More about Compumedics Limited

Compumedics Limited is a company specializing in neuro-imaging technology, particularly magnetoencephalography (MEG) systems, and is focused on expanding its market presence in Asia and North America.

Average Trading Volume: 129,951

Technical Sentiment Signal: Buy

Current Market Cap: A$70.92M

Find detailed analytics on CMP stock on TipRanks’ Stock Analysis page.

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