Nano-X Imaging (NNOX) to Release Quarterly Earnings on Thursday

Nano-X Imaging (NASDAQ:NNOX) will release its earnings data before the market opens on Thursday, November 21st. Parties that are interested in participating in the company’s conference call can do so using this link.

Nano-X Imaging (NASDAQ:NNOX) last issued its quarterly earnings results on Tuesday, August 20th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.01). The business had revenue of $2.70 million for the quarter. Nano-X Imaging had a negative net margin of 567.41% and a negative return on equity of 30.34%. During the same quarter in the prior year, the firm earned ($0.31) EPS. On average, analysts expect Nano-X Imaging to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Nano-X Imaging Stock Performance

Shares of NNOX opened at $6.23 on Thursday. Nano-X Imaging has a fifty-two week low of $5.26 and a fifty-two week high of $14.28. The firm has a 50 day moving average price of $6.07 and a 200-day moving average price of $7.29.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald reissued an “overweight” rating and issued a $14.00 price target on shares of Nano-X Imaging in a research note on Monday, September 23rd.

About Nano-X Imaging

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.