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

icad

15/05/2023 22:03

* ICAD Inc  ICAD.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue fell 23.2% to $5.78 million from a year ago;
analysts
expected $6.21 million. 
    * ICAD Inc's reported EPS for the quarter was a loss of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.8%
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 4.8% this quarter and
lost 29.0% so
far this year.
    * The company reported a quarterly loss of $3.78 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 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

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