QT Imaging (NASDAQ:QTI) Releases Quarterly Earnings Results

QT Imaging (NASDAQ:QTI) issued its quarterly earnings data on Wednesday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports.

QT Imaging Price Performance

Shares of NASDAQ QTI traded down $0.11 during midday trading on Wednesday, hitting $5.58. The company’s stock had a trading volume of 6,437 shares, compared to its average volume of 30,709. The business’s fifty day simple moving average is $5.78 and its two-hundred day simple moving average is $4.43. QT Imaging has a 1 year low of $0.32 and a 1 year high of $8.50. The firm has a market capitalization of $66.48 million, a price-to-earnings ratio of -2.19 and a beta of -0.10.

Analyst Upgrades and Downgrades

QTI has been the subject of several research analyst reports. Lake Street Capital initiated coverage on shares of QT Imaging in a research note on Friday, January 30th. They set a “buy” rating for the company. Weiss Ratings initiated coverage on shares of QT Imaging in a research report on Thursday, January 29th. They set a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

QT Imaging Company Profile

QT Imaging Ltd. (NASDAQ: QTI) is a medical technology company specializing in the development and commercialization of advanced ultrasound imaging solutions. The company focuses on real-time volumetric imaging systems designed to enhance diagnostic capabilities in obstetrics, gynecology and other clinical applications. QT Imaging’s flagship Q.VIEW® system and associated software suite enable practitioners to capture, analyze and visualize high-resolution 3D/4D ultrasound images, offering improved workflow efficiency and enhanced patient care.

QT Imaging’s product portfolio includes proprietary transducers, imaging consoles and software platforms that can be integrated with existing ultrasound scanners from leading original equipment manufacturers.