Nano-X Imaging (NNOX) Projected to Post Quarterly Earnings on Monday

Nano-X Imaging (NASDAQ:NNOX - Get Free Report) is projected to issue its Q4 2024 quarterly earnings data before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $3.80 million for the quarter.

Nano-X Imaging (NASDAQ:NNOX - Get Free Report) last issued its quarterly earnings results on Monday, March 31st. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.08). The firm had revenue of $3.00 million for the quarter, compared to the consensus estimate of $3.80 million. Nano-X Imaging had a negative return on equity of 27.63% and a negative net margin of 465.38%. On average, analysts expect Nano-X Imaging to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Nano-X Imaging Price Performance

NASDAQ:NNOX traded down $0.16 during mid-day trading on Tuesday, reaching $4.83. The stock had a trading volume of 1,515,404 shares, compared to its average volume of 1,742,292. Nano-X Imaging has a 12 month low of $4.61 and a 12 month high of $11.39. The stock has a market capitalization of $279.07 million, a PE ratio of -5.68 and a beta of 1.99. The stock has a 50-day simple moving average of $6.48 and a two-hundred day simple moving average of $6.63.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. D. Boral Capital reissued a "buy" rating and set a $15.00 price objective on shares of Nano-X Imaging in a report on Monday. Cantor Fitzgerald dropped their target price on Nano-X Imaging from $12.00 to $9.00 and set an "overweight" rating for the company in a research report on Tuesday.

Nano-X Imaging Company Profile

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.