Spectral AI (NASDAQ:MDAI – Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.07, Zacks reports. The business had revenue of $7.60 million during the quarter, compared to analyst estimates of $6.83 million. Spectral AI updated its FY 2025 guidance to EPS.
Spectral AI Price Performance
Shares of MDAI stock opened at $1.28 on Friday. The company has a market capitalization of $23.79 million, a PE ratio of -1.97 and a beta of 0.43. The firm’s 50-day moving average is $1.79 and its two-hundred day moving average is $1.68. Spectral AI has a 12 month low of $0.82 and a 12 month high of $3.25.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $3.50 price target on shares of Spectral AI in a report on Tuesday, March 18th.
About Spectral AI
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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