Nano-X Imaging Ltd reports results for the quarter ended in December - Earnings Summary

Nano-X Imaging

01/04/2024 14:31

* Nano-X Imaging Ltd  NNOX.OQ  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -86 cents.  The mean expectation of
three analysts for the quarter was for a loss of 30 cents per
share. Wall Street expected results to range from -38 cents
to -24 cents per share.
    * Revenue rose 12.4% to $2.40 million from a year ago;
analysts
expected $2.82 million. 
    * Nano-X Imaging Ltd's reported EPS for the quarter was a
loss
of 18 cents​.
    * The company reported a quarterly loss of $10.25 million.
    * Nano-X Imaging Ltd shares had held steady so far this
quarter and gained 53.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Nano-X
Imaging
Ltd is $18.00 

This summary was machine generated from LSEG data April 1 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.30          -0.18          Beat
 Sep. 30 2023      -0.30          -0.37          Missed
 Jun. 30 2023      -0.26          -0.31          Missed
 Mar. 31 2023      -0.34          -0.21          Beat