Nano-X Imaging (NASDAQ:NNOX) reports quarterly earnings results

Nano-X Imaging ( NASDAQ:NNOX – Get Free Report ) released its quarterly earnings results on Tuesday. Zacks reports that the company reported ($0.21) earnings per share for the quarter. The company’s revenue was $2.55 million for the quarter. Nano-X Imaging had a negative net margin of 611.89% and a negative return on equity of 31.09%. In the same quarter last year, the company generated EPS ($0.21).

Nano-X Imaging Shares Down 1.2%

Shares of Nano-X Imaging opened at $8.39 on Thursday. The company has a 50-day moving average price of $9.57 and a 200-day moving average price of $8.12. Nano-X Imaging has a 52-week low of $4.89 and a 52-week high of $22.69.

Analysts set new price targets

Additionally, Cantor Fitzgerald maintained an “overweight” rating and set a $18.00 price target for Nano-X Imaging shares in a report on Wednesday.

See our latest analysis on NNOX

About Nano-X Imaging

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Nano-X Imaging Ltd. is developing a commercial tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications for use in real-world medical imaging applications. Its X-ray source is based on a digital microelectromechanical system with a semiconductor cathode.

Nano-X Imaging Shares Down 1.2%

Analysts set new price targets

About Nano-X Imaging

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