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Spectral AI (MDAI)
NASDAQ:MDAI
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.16Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: 2.82%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements in product development, financial performance, and successful financing efforts, showcasing a positive trajectory for Spectral AI. However, challenges such as revenue unpredictability and reliance on FDA approval were noted.Company Guidance
During the Spectral AI, Inc. First Quarter 2025 Financial Results Conference Call, Chief Financial Officer Vince Capone provided guidance on several key metrics and strategic initiatives. The company reported a 6% increase in research and development revenue, totaling $6.7 million, driven by activities under the BARDA Project BioShield contract. The gross margin improved to 47.2% from 46.6% in the previous year, attributed to a higher concentration of direct labor as part of the revenue. General and administrative expenses were significantly reduced from $5.1 million in Q1 2024 to $4.1 million, leading to an operating loss of $896,000 compared to a $2.1 million net loss in Q1 2024. Spectral AI achieved a net income of $2.9 million, a substantial improvement from a $3.2 million net loss in the same period last year. The cash and cash equivalents increased to $14.1 million as of March 31, 2025, up from $5.2 million at the end of 2024, following successful financing agreements. The company reiterated its revenue guidance for 2025 at approximately $21.5 million, excluding potential contributions from the DeepView system sales in the U.K. and Australia.Burn Validation Study Success
The Burn Validation Study, utilizing over 340 billion clinically validated data points, demonstrated the superior performance of Spectral AI's DeepView technology in predicting burn wound healing. This study will be part of the FDA De Novo submission.
Increased Revenue and Improved Financials
Research and development revenue for the first quarter rose 6% to $6.7 million, and gross margin increased to 47.2%. The company reported a net income of $2.9 million compared to a net loss of $3.2 million in the previous year.
Successful Financing Efforts
Spectral AI completed a debt financing agreement of up to $15 million and raised approximately $2.7 million in equity financing. Cash and cash equivalents increased to $14.1 million from $5.2 million.
Reduced Operating Loss
Operating loss for the first quarter of 2025 was reduced to $896,000 from $2.1 million in the first quarter of 2024 due to cost-cutting measures.
Progress in MTEC Development
Development of the DeepView System handheld device, DeepView Snapshot M, is on track with two fully functional prototypes assembled.
MDAI Earnings History
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 |
|---|---|---|---|
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% |
Aug 12, 2024 | $1.66 | $1.50 | -9.64% |
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 Aug 18, 2025, TBA Not Confirmed.
What is Spectral AI (MDAI) earnings time?
Spectral AI (MDAI) earnings time is at Aug 18, 2025, TBA Not 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 (Q2) is -0.08.