Nanox reports slight revenue increase for Q3

Nanox Imaging is reporting slight revenue increases for the third quarter of the 2024 fiscal year, which ended September 30.

The company generated $3 million in revenue in the quarter, compared to $2.5 million in the third quarter of 2023. It also reported a net loss of $13.6 million for the quarter, compared to a net loss of $21.4 million for the same period in 2023.

The company's highlights in the third quarter included the signing of new distribution agreements with SpinexMedical and the extension of agreements with Nanox.AI users such as Corewell Health, Dandelion Health, and Oxford University Hospitals.

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