Spectral AI (NASDAQ:MDAI – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.07, Zacks reports. The firm had revenue of $7.60 million for the quarter, compared to the consensus estimate of $6.83 million. Spectral AI updated its FY 2025 guidance to EPS.
Spectral AI Stock Performance
Spectral AI stock opened at $1.13 on Friday. The stock has a fifty day moving average of $1.77 and a 200-day moving average of $1.67. The stock has a market capitalization of $21.00 million, a P/E ratio of -1.74 and a beta of 0.43. Spectral AI has a 52 week low of $0.82 and a 52 week high of $3.25.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reaffirmed a “buy” rating and set a $3.50 price target on shares of Spectral AI in a report on Tuesday, March 18th.
Spectral AI Company Profile
Spectral AI, Inc, an artificial intelligence (AI) company, focuses on developing predictive medical diagnostics in the United States. The company develops medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers.
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