By Terell Wright
Nano-X Imaging shares rose Friday as revenue rose, driven by its teleradiology services segment.
Shares rose 29% to $4.44, though are down 50% year-to-date.
For 2026, the medical imaging technology company projects revenue of $35 million, beating Wall Street's estimate of $31.6 million, according to FactSet.
Revenue in the third quarter rose to $3.4 million from $3 million a year earlier. Analysts expected $3.5 million.
Sales were helped by teleradiology services, which had revenue of $3.1 million, up from $2.6 million in the year-earlier period.
The company reported a third-quarter loss of $13.7 million, or 21 cents a share, compared with a loss of $13.6 million, or 23 cents a share, in the same year-ago period. Analysts expected a loss of 22 cents a share.
Write to Terell Wright at terell.wright@wsj.com
(END) Dow Jones Newswires
November 21, 2025 13:03 ET (18:03 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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