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

Nano-X Imaging (NASDAQ:NNOX) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 21st. Parties that wish to listen to the company’s conference call can do so using this link.

Nano-X Imaging (NASDAQ:NNOX) last posted its quarterly earnings data on Tuesday, August 20th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.01). Nano-X Imaging had a negative net margin of 567.41% and a negative return on equity of 30.34%. The business had revenue of $2.70 million for the quarter. During the same period last year, the company earned ($0.31) earnings per share. 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 Down 5.8 %

NASDAQ:NNOX opened at $6.23 on Thursday. The business’s 50-day moving average price is $6.07 and its two-hundred day moving average price is $7.29. Nano-X Imaging has a twelve month low of $5.26 and a twelve month high of $14.28.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $14.00 target price 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.