Spectral AI Inc reports results for the quarter ended in January 1 - Earnings Summary

• Spectral AI Inc MDAI.OQ reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended January 1. The mean expectation of four analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -23 cents to -11 cents per share.

• Revenue was $8.17 million​; analysts expected $7.15 million.

• Spectral AI Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $1.5 million.

• Spectral AI Inc shares had risen by 42.5% this quarter and lost 38.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Spectral AI Inc is $5.00

This summary was machine generated from LSEG data November 7 at 02:25 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)