Nano-X Imaging (NNOX) Set to Announce 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 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 company had revenue of $2.70 million during 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 posted ($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 Performance

Nano-X Imaging stock opened at $5.68 on Tuesday. Nano-X Imaging has a fifty-two week low of $5.26 and a fifty-two week high of $14.28. The company has a market capitalization of $328.19 million, a price-to-earnings ratio of -5.74 and a beta of 2.01. The stock has a fifty day moving average of $6.07 and a two-hundred day moving average of $7.20.

Analyst Ratings Changes

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