Financial PerformanceLucid Diagnostics delivered a modest Q3 top line beat as the company reported over 50% year-over-year revenue growth, driven by growth in average selling prices and volumes.
Market OpportunityLucid Diagnostics is addressing a large unmet need with its minimally invasive EsoGuard test, which is eligible for approximately 30 million Americans at risk for esophageal adenocarcinoma, implying a large total addressable market of about $60 billion.
Strategic AdvancementsLucid Diagnostics plans to advance commercialization and regulatory approvals, which are likely to be catalysts for the stock.