iCAD (NASDAQ:ICAD) Announces Earnings Results

iCAD (NASDAQ:ICADGet Free Report) issued its quarterly earnings data on Wednesday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02, Zacks reports. iCAD had a negative net margin of 17.81% and a negative return on equity of 15.65%.

iCAD Price Performance

ICAD traded up $0.15 during trading on Wednesday, hitting $2.47. The company had a trading volume of 386,180 shares, compared to its average volume of 248,226. iCAD has a 1-year low of $1.18 and a 1-year high of $3.78. The company has a market cap of $65.55 million, a PE ratio of -19.00 and a beta of 1.95. The business has a 50-day moving average of $2.63 and a 200-day moving average of $2.05.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of iCAD from a “hold” rating to a “sell” rating in a report on Tuesday.

Read Our Latest Research Report on ICAD

About iCAD

(Get Free Report)

iCAD, Inc engages in the provision of cancer detection and therapy solutions in the United States. It operates through two segments, Detection and Therapy. The company provides ProFound AI for digital breast tomosynthesis and 2D mammography; PowerLook, a density assessment solution; and ProFound Risk, a breast cancer risk analysis.

See Also

Earnings History for iCAD (NASDAQ:ICAD)

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