Spectral AI reports Q3 EPS (13c), consensus (9c)

Reports Q3 revenue $3.79M, consensus $5.06M. “Spectral AI (MDAI) continues to maintain operational efficiency and strengthen our cash reserves as we progressed towards our commercialization milestones. Our results of operations support our work on the following the submission of our De Novo application in June of this year to the FDA,” stated J. Michael DiMaio, Chairman of the Board at Spectral AI. “We continue to focus towards bringing this innovative diagnostic device to market in the U.S. to provide clinicians with an immediate, AI trained, data driven assessment tool designed to assist clinical decision-making which may significantly improve patient outcomes.”