Spectral AI Reaffirms Preliminary 2024 Revenue Guidance Of Approximately $28M, Est $28.1M
Portfolio Pulse from Benzinga Newsdesk
Spectral AI has reaffirmed its preliminary 2024 revenue guidance of around $28M, slightly above the estimate of $28.1M. Additionally, the company announced its preliminary R&D revenue for 2023 to be about $18M. Vincent S. Capone, currently General Counsel and Corporate Secretary, will also take on the role of Chief Financial Officer.

February 29, 2024 | 10:36 pm
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Spectral AI, mentioned in the context of reaffirming its 2024 revenue guidance and announcing its 2023 R&D revenue, has appointed Vincent S. Capone as CFO in addition to his current roles.
The reaffirmation of revenue guidance and the announcement of substantial R&D revenue for 2023 indicate a positive outlook for Spectral AI, likely leading to increased investor confidence. The appointment of Vincent S. Capone as CFO could be seen as a strategic move to strengthen the company's financial leadership, potentially impacting the stock positively in the short term.
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IMPORTANCE 80
RELEVANCE 90