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

Nano-X Imaging

20/08/2024 14:31

* Nano-X Imaging Ltd  NNOX.OQ  reported a quarterly adjusted
loss
of 23 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -31 cents.  The mean expectation of three analysts for the
quarter was for a loss of 22 cents per share. Wall Street
expected results to range from -22 cents to -21 cents per share.
    * Revenue rose 4.5% to $2.70 million from a year ago;
analysts
expected $3.93 million. 
    * Nano-X Imaging Ltd's reported EPS for the quarter was a
loss
of 23 cents​.
    * The company reported a quarterly loss of $13.58 million.
    * Nano-X Imaging Ltd shares had fallen by 1.4% this
quarter and
gained 13.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15% 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." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Nano-X Imaging
Ltd is $14.00 
This summary was machine generated from LSEG data August 20 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
 Jun. 30 2024      -0.22          -0.23          Missed
 Mar. 31 2024      -0.26          -0.21          Beat
 Dec. 31 2023      -0.30          -0.18          Beat
 Sep. 30 2023      -0.30          -0.37          Missed