Spectral AI Q2 2024 GAAP EPS $(0.16) Misses $(0.15) Estimate, Sales $7.478M Beat $6.433M Estimate
Portfolio Pulse from Benzinga Newsdesk
Spectral AI (NASDAQ:MDAI) reported Q2 2024 GAAP EPS of $(0.16), missing the $(0.15) estimate, but achieved sales of $7.478M, beating the $6.433M estimate. Sales increased by 75.91% compared to the same period last year.

August 12, 2024 | 8:03 pm
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Spectral AI reported a Q2 2024 GAAP EPS of $(0.16), missing the $(0.15) estimate, but achieved sales of $7.478M, beating the $6.433M estimate. Sales increased by 75.91% compared to the same period last year.
Despite missing the EPS estimate by a small margin, Spectral AI's significant sales beat and substantial year-over-year growth are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100