Nano X Imaging Q4 Adjusted EPS $(0.18) Beats $(0.30) Estimate, Sales $2.40M Miss $2.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nano X Imaging (NNOX) reported Q4 adjusted EPS of $(0.18), surpassing the $(0.30) estimate, but its sales of $2.40M fell short of the $2.82M estimate. The EPS improved by 5.26% from last year, while sales saw a 12.43% increase from the previous year.
April 01, 2024 | 12:04 pm
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Nano X Imaging reported a better-than-expected Q4 EPS of $(0.18) but missed sales estimates with $2.40M against a forecast of $2.82M. The EPS showed a 5.26% improvement from last year, while sales increased by 12.43%.
The mixed results with an EPS beat but a miss on sales forecasts could lead to a neutral short-term impact on NNOX's stock price. The improvement in EPS year-over-year is positive, but the miss on sales expectations may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100