Spectral AI (MDAI) Scheduled to Post Quarterly Earnings on Tuesday

Spectral AI (NASDAQ:MDAI) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Parties interested in registering for the company’s conference call can do so using this link.

Spectral AI (NASDAQ:MDAI) last announced its quarterly earnings data on Friday, March 29th. The company reported ($0.22) earnings per share for the quarter. The company had revenue of $5.29 million for the quarter.

Spectral AI Trading Down 2.7 %

NASDAQ MDAI traded down $0.05 during trading hours on Tuesday, hitting $1.81. The company’s stock had a trading volume of 47,044 shares, compared to its average volume of 1,717,258. The stock has a fifty day moving average of $2.12 and a 200 day moving average of $2.42. Spectral AI has a twelve month low of $1.70 and a twelve month high of $19.50.

Analysts Set New Price Targets

Separately, BTIG Research initiated coverage on shares of Spectral AI in a report on Tuesday, January 23rd. They issued a “buy” rating and a $4.00 price objective on the stock.

Spectral AI Company Profile

Spectral AI, Inc operates as an artificial intelligence (AI) company. The company focuses on medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers. Its products include DeepView, a predictive diagnostic device that offers clinicians an objective and immediate assessment of a wound's healing potential prior to treatment or other medical intervention.