Nano X Imaging Q1 Adjusted EPS $(0.19) Beats $(0.34) Estimate, Sales $2.45M Miss $2.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nano X Imaging (NASDAQ:NNOX) reported Q1 adjusted EPS of $(0.19), beating the $(0.34) estimate by 44.12%, and a 13.64% YoY increase. However, sales of $2.45M missed the $2.89M estimate by 15.33%, but increased 35.34% YoY.
May 22, 2023 | 12:47 pm
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NEUTRAL IMPACT
NNOX reported better-than-expected Q1 EPS but missed sales estimates. EPS beat by 44.12% while sales missed by 15.33%.
NNOX's Q1 results show mixed performance. The EPS beat by 44.12% is a positive sign, but the 15.33% miss in sales could offset the positive impact. This may result in a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100