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

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

Nano-X Imaging (NASDAQ:NNOX) last announced its quarterly earnings results on Tuesday, August 20th. The company reported ($0.23) earnings per share (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 previous year, the company posted ($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 stock opened at $5.69 on Wednesday. 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 market cap of $328.76 million, a P/E ratio of -5.75 and a beta of 2.01. The business’s 50 day moving average price is $6.06 and its 200-day moving average price is $7.18.

Analysts Set New Price Targets

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

Nano-X Imaging Company Profile

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.