Icad Inc Reports Results For The Quarter Ended In June: Earnings Summary

icad

14/08/2023 22:03

* ICAD Inc  ICAD.OQ  reported a quarterly adjusted loss of 7
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue fell 22.6% to $5.87 million from a year ago;
analysts
expected $6.11 million. 
    * ICAD Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ICAD Inc shares had risen by 57.1% this quarter and
gained 39.9%
so far this year.
    * The company reported a quarterly loss of $1.75 million.
    * Wall Street's median 12-month price target for ICAD Inc is
$4.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.11          -0.07          Beat
 Mar. 31 2023      -0.11          -0.15          Missed
 Dec. 31 2022      -0.14          -0.12          Beat
 Sep. 30 2022      -0.13          -0.15          Missed