Earnings MissFor 2Q25, the company reported revenues of $5.1M and a net loss of $0.31 per diluted share, compared to consensus estimates revenues of $5.5M and a net loss of $0.07.
Guidance ReductionManagement lowered FY25 BARDA revenue guidance to ~$18.5M due to the timing of work and the government shutdown.
Revenue ShortfallMDAI reported revenue of $3.8M, which was below estimates of $5.0M.