Spectral AI Inc reports results for the quarter ended in January 1 - Earnings Summary

Spectral AI

07/11/2024 14:25

* Spectral AI Inc  MDAI.OQ  reported a quarterly adjusted
loss
of 8 cents​​ per share for the quarter ended January 1.  The
mean expectation of four analysts for the quarter was for a loss
of 16 cents per share. Wall Street expected results to range
from -23 cents to -11 cents per share.
    * Revenue was $8.17 million​; analysts expected $7.15
million. 
    * Spectral AI Inc's reported EPS for the quarter was a loss
of 8
cents​.
    * The company reported a quarterly loss of $1.5 million.
    * Spectral AI Inc shares had risen by 42.5% this quarter and
lost 38.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10% 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 4 "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 Spectral AI Inc
is $5.00 
This summary was machine generated from LSEG data November 7 at
02:25 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
 Sep. 30 2024      -0.16          -0.08          Beat
 Jun. 30 2024      -0.15          -0.16          Missed
 Mar. 31 2024      -0.26          -0.19          Beat
 Dec. 31 2023      -0.22          -0.22          Met