The earnings call highlighted significant achievements in FDA submission and financial strengthening, despite facing challenges in decreased R&D revenue and increased net loss for the quarter. The progress made in operational efficiencies and financial positioning suggests a cautiously optimistic outlook.

Company Guidance

During the Spectral AI Inc. Q2 2025 Financial Results Conference Call, the company provided key guidance on financial and strategic initiatives. Spectral AI emphasized its successful completion of a debt financing agreement with Avenue Venture Opportunities Fund II, securing up to $15 million, including an initial draw of $8.5 million. The company also raised $2.7 million through equity financing, resulting in over $10 million in cash on hand by the end of June 2025, with potential access to an additional $6.5 million. These financial maneuvers support their growth initiatives, including the planned U.S. launch of the DeepView System. The company reiterated its 2025 revenue guidance of approximately $21.5 million. Additionally, Spectral AI highlighted the completion of its de novo application submission to the FDA in Q2 2025, a significant milestone in their business evolution. The company reported a net loss of $7.9 million in Q2 2025 compared to a $2.9 million loss in the same period last year, reflecting changes in the fair value of its warrant liability. Despite financial challenges, Spectral AI remains focused on its strategic goals, emphasizing the 3 Fs: finance, focus, and finish, while looking forward to potential FDA interactions and commercialization plans.

Successful FDA Submission

Spectral AI completed its FDA submission for the DeepView System in the second quarter of 2025, marking a significant milestone in the company's development.

Strong Financial Position

The company completed a debt financing agreement with Avenue Venture Opportunities Fund II for up to $15 million and raised $2.7 million in equity financing, leading to a cash balance of over $10 million at the end of June 2025.

Reduction in General and Administrative Expenses

General and administrative expenses were reduced from $5.8 million in Q2 2024 to $4.4 million in Q2 2025, reflecting continued focus on operating efficiencies.

Decreased Net Loss for the First Half of 2025

Despite a larger warrant liability, the company reported a net loss of $5.1 million for the first half of 2025, down from $6.1 million in the same period of 2024.

Spectral AI (MDAI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MDAI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	-0.08 / -	-0.08	―	―	―
Aug 12, 2025	2025 (Q2)	-0.07 / -0.31	-0.16	-93.75% (-0.15)	―
May 13, 2025	2025 (Q1)	-0.13 / 0.12	-0.19	160.53% (+0.30)	―
Mar 27, 2025	2024 (Q4)	-0.12 / -0.41	-0.22	-86.36% (-0.19)	―
Nov 06, 2024	2024 (Q3)	-0.17 / -0.08	-0.769	89.60% (+0.69)	―
Aug 12, 2024	2024 (Q2)	-0.15 / -0.16	-0.152	-5.26% (>-0.01)	―
May 07, 2024	2024 (Q1)	-0.26 / -0.19	-0.189	-0.53% (>-0.01)	―
Mar 27, 2024	2023 (Q4)	-0.40 / -0.22	0.045	-588.89% (-0.27)	―
Nov 13, 2023	2023 (Q3)	- / -0.77	0.038	-2123.68% (-0.81)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MDAI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 12, 2025	$2.23	$2.12	-4.93%
May 13, 2025	$1.42	$1.30	-8.45%
Mar 27, 2025	$1.28	$1.13	-11.72%
Nov 06, 2024	$1.51	$1.34	-11.26%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Spectral AI (MDAI) report earnings?

Spectral AI (MDAI) is schdueled to report earning on Nov 17, 2025, After Close (Confirmed).

What is Spectral AI (MDAI) earnings time?

Spectral AI (MDAI) earnings time is at Nov 17, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MDAI EPS forecast?

MDAI EPS forecast for the fiscal quarter 2025 (Q3) is -0.08.

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