Brief: iCAD Reports Financial Results For Third Quarter Ended September 30, 2022

icad

10/11/2022 22:20

Nov 10 (Reuters) - iCAD Inc  ICAD.O :
    * ICAD REPORTS FINANCIAL RESULTS FOR THIRD QUARTER ENDED
SEPTEMBER
30, 2022
    * COMPANY IMPLEMENTS CORPORATE STRATEGIC REALIGNMENT
    * COST STRUCTURE REDUCTION TO DECREASE EXPENSES BY OVER $3
MILLION
ANNUALLY
    * RESTRUCTURING COMMERCIAL SALES TEAM TO BETTER SUPPORT
CURRENT
AND FUTURE BUSINESS OPERATIONS
    * QTRLY REVENUE $6.4 MILLION VERSUS $9.4 MILLION
    * QTRLY LOSS PER SHARE $0.15
    * Q3 EARNINGS PER SHARE VIEW $-0.13, REVENUE VIEW $8.1
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX42kSDL 
Further company coverage:  ICAD.O 
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