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

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

Nano-X Imaging (NASDAQ:NNOX) last posted its quarterly earnings results on Tuesday, August 20th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.01). The company had revenue of $2.70 million during the quarter. Nano-X Imaging had a negative return on equity of 30.34% and a negative net margin of 567.41%. 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 Trading Up 0.2 %

Shares of NASDAQ:NNOX opened at $5.69 on Wednesday. The stock has a fifty day simple moving average of $6.06 and a two-hundred day simple moving average of $7.18. Nano-X Imaging has a 12-month low of $5.26 and a 12-month high of $14.28. The stock has a market capitalization of $328.76 million, a price-to-earnings ratio of -5.75 and a beta of 2.01.

Wall Street Analyst Weigh In

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