Nano X Imaging Q2 2024 GAAP EPS $(0.23) Misses $(0.22) Estimate, Sales $2.699 Miss $3.931M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nano X Imaging reported a Q2 2024 GAAP EPS of $(0.23), missing the estimate of $(0.22). Sales were $2.699 million, falling short of the $3.931 million estimate.
August 20, 2024 | 12:03 pm
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NEGATIVE IMPACT
Nano X Imaging's Q2 2024 earnings report showed a GAAP EPS of $(0.23), missing the expected $(0.22). Sales were also below expectations at $2.699 million compared to the $3.931 million estimate.
The earnings miss on both EPS and sales figures is likely to negatively impact investor sentiment and put downward pressure on the stock price in the short term. The miss indicates potential challenges in the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100