Medical Imaging
Search documents
Fonar Announces Financial Results For The 1st Quarter of Fiscal 2026
Newsfile· 2025-11-10 13:00
Core Viewpoint - FONAR Corporation reported its financial results for the first quarter of fiscal 2026, showing a mixed performance with revenue growth but significant declines in income metrics [2][5][8]. Financial Performance - Revenues from the FONAR segment increased by 14% to $2.5 million for the quarter ended September 30, 2025, compared to $2.2 million for the same quarter in 2024 [3]. - Revenues from the Health Management Corporation of America (HMCA) segment rose by 3% to $23.5 million for the quarter ended September 30, 2025, compared to $22.8 million in the same quarter of 2024 [4]. - Total net revenues increased by 4% to $26.0 million for the first fiscal quarter ended September 30, 2025, compared to $25.0 million for the same quarter in 2024 [5][8]. - Selling, general and administrative (S, G & A) expenses surged by 33% to $6.8 million for the quarter ended September 30, 2025, compared to $5.1 million for the same quarter in 2024 [5]. - Total costs and expenses increased by 12% to $22.8 million for the quarter ended September 30, 2025, compared to $20.4 million for the same quarter in 2024 [6]. Income Metrics - Income from operations decreased by 30% to $3.2 million for the quarter ended September 30, 2025, compared to $4.6 million for the same quarter in 2024 [9]. - Consolidated net income fell by 33% to $2.7 million for the quarter ended September 30, 2025, compared to $4.0 million for the same quarter in 2024 [9]. - Diluted net income per common share decreased by 26% to $0.34 for the quarter ended September 30, 2025, compared to $0.46 for the same quarter in 2024 [10]. Cash and Balance Sheet - Cash and cash equivalents decreased by 4% to $54.3 million at September 30, 2025, compared to $56.3 million at June 30, 2025 [8][11]. - Total assets increased to $218.4 million at September 30, 2025, compared to $216.9 million at June 30, 2025 [11]. - Total liabilities were $57.0 million at September 30, 2025, compared to $56.8 million at June 30, 2025 [11][12]. - Total equity increased to $161.4 million at September 30, 2025, compared to $160.1 million at June 30, 2025 [12]. Operational Insights - The HMCA segment managed 44 MRI scanners, with a scan volume of 55,106 in the first quarter of fiscal 2026, which is 3.9% higher than the corresponding quarter of fiscal 2025 [14]. - The company plans to add a second MRI at one of its Stand-Up MRI centers and manage a new MRI center later in the fiscal year [14]. - The company is engaged in negotiations for a potential going private transaction, with a special committee established to consider the proposal [15].
Nanox to Report Third Quarter 2025 Financial Results on November 20, 2025
Globenewswire· 2025-11-07 21:05
Core Insights - Nanox Imaging Ltd will report its financial results for Q3 2025 on November 20, 2025, before market open [1] - The conference call to discuss these results will be hosted by CEO Erez Meltzer and CFO Ran Daniel at 8:30 a.m. ET [1] Company Overview - Nanox is focused on transitioning to preventive healthcare through affordable medical imaging technologies utilizing advanced AI and proprietary digital X-ray sources [3] - The company's vision includes expanding its technology's reach beyond hospitals, providing a comprehensive solution from scan to diagnosis, and leveraging AI for improved diagnostic accuracy [4] Product Ecosystem - Nanox.ARC is a multi-source digital tomosynthesis system designed to be cost-effective and user-friendly [4] - Nanox.AI LTD offers an AI-based suite of algorithms that enhance routine CT imaging readings to detect early signs of chronic diseases [4] - Nanox.CLOUD is a cloud-based platform for managing data from Nanox devices, providing tools for in-depth imaging analysis [4] - Nanox.MARKETPLACE is a decentralized marketplace that offers remote access to radiology and cardiology experts, along with a teleradiology services platform [4]
Nanox Collaborates with Leading Czech Medical Imaging Distributor EXRAY to Expand European Footprint
Globenewswire· 2025-11-06 13:00
Core Insights - Nanox Imaging Ltd has entered into a distribution agreement with EXRAY, a leading Czech radiography supplier, to introduce its advanced imaging solutions in the Czech Republic [1][4] - The Nanox.ARC, a multi-source digital tomosynthesis system, is designed to provide enhanced diagnostic capabilities at a lower cost compared to traditional systems and has received CE Mark certification for commercialization in the EU [2][4] - EXRAY holds over 50% market penetration in the Czech Republic, with installations in more than half of the country's 200 healthcare facilities, making it a strategic partner for Nanox [3][4] Company Overview - Nanox focuses on transitioning to preventive healthcare through affordable medical imaging technologies, leveraging advanced AI and proprietary digital X-ray sources [5] - The Nanox ecosystem includes various components such as Nanox.ARC, Nanox.AI LTD, Nanox.CLOUD, and Nanox.MARKETPLACE, aimed at improving early detection and treatment of diseases [6] Strategic Importance - The partnership with EXRAY is seen as a significant milestone in Nanox's European expansion, utilizing EXRAY's established relationships with healthcare providers to enhance access to imaging services [4] - EXRAY's CEO emphasized the potential for improved diagnostic capabilities and patient outcomes through this collaboration [4]
Algernon Health bets on the brain: Inside its move into Alzheimer's diagnostics
Proactiveinvestors NA· 2025-11-03 14:30
Christopher Moreau isn’t shy about his ambitions. The CEO of Algernon Health (CSE:AGN, OTCQB:AGNPF) wants to build a network of neuroimaging centers across North America, clinics that could help detect Alzheimer’s disease earlier, faster, safer, and more comfortably than ever before. The Vancouver-based company is aiming to open its first dedicated brain imaging center in the US by spring, according to its CEO. “There’s a massive need,” Moreau told Proactive. Algernon Health, a rebranded version of Algernon ...
GE HealthCare raises FY25 guidance amid cross-segment growth
Yahoo Finance· 2025-10-29 18:17
Core Insights - GE HealthCare has raised its fiscal year 2025 profit outlook to between $3.02 and $3.04 per share due to solid demand across all business segments in Q3 2025 [1] - The company achieved revenues of $5.9 billion in Q3, reflecting a 6% increase compared to Q3 2024, and now expects profits of $4.51 to $4.63 per share, up from previous estimates [1] Revenue Breakdown - Patient Care Solutions and Pharmaceutical Diagnostics revenues rose by 6% and 20% in Q3 to $731 million and $749 million, respectively [2] - Imaging and Advanced Visualization Solutions contributed significantly, with revenues increasing by 5% and 7% to approximately $2.34 billion and $1.3 billion, respectively [2] Strategic Initiatives - CEO Peter Arduini emphasized the competitive advantage of the company's "synergistic portfolio" of diagnostic imaging equipment, radiopharmaceuticals, AI, cloud, and software [3] - Strong commercial execution in Q3 is expected to drive nearly $500 million in future revenue, enhancing growth momentum [3] Partnerships and Acquisitions - GE HealthCare established a 14-year care alliance with UC San Diego Health to focus on early detection and cancer care advancements [4] - The acquisition of AI-based brain imaging company icometrix aims to enhance MR imaging capabilities for neurological disorders [4] Technology Integration - The integration of icometrix technologies into MR systems is expected to strengthen the company's portfolio for Alzheimer's care [5] - The incorporation of CaptionAI into the Vscan Air SL wireless handheld ultrasound system has improved margins for new products [5] Recent Product Launches - In the past six months, GE HealthCare has released software that combines imaging functionalities with MIM Software tools to enhance workflows in oncology and cardiology [6] - The launch of Vivid Pioneer, a new cardiovascular ultrasound system that integrates AI, aims to improve imaging speed and quality [6]
X @TechCrunch
TechCrunch· 2025-10-27 18:19
Company Strategy - RADiCAIT aims to replace the most constrained, complex, and costly medical imaging solution in radiology with the most accessible, simple, and affordable solution, which is CT [1] Technology Focus - RADiCAIT's solution utilizes CT technology [1] Leadership Perspective - RADiCAIT's CEO, Sean Walsh, shared the company's strategy [1]
Guerbet : Revenue at September 30, 2025. Return to growth in Q3 2025. Confirmation of all financial targets for 2025.
Globenewswire· 2025-10-23 15:45
Core Viewpoint - Guerbet is experiencing a return to growth in Q3 2025, confirming all financial targets for the year, with expectations of continued improvement in Q4 2025 [1][12][13]. Financial Performance - Group sales for the first nine months of 2025 totaled €586.5 million, a decrease of 5.5% compared to the previous year. At constant exchange rates, sales fell by 3.1% [3][9]. - The third quarter showed a sequential improvement with sales growth of 2.6% at constant exchange rates and on a like-for-like basis, following declines of 7.1% and 3.9% in the first and second quarters, respectively [4][9]. - Revenue breakdown for Q3 2025: - EMEA: €86.2 million, up 10.2% at constant exchange rates - Americas: €58.8 million, down 10.7% at constant exchange rates - Asia: €53.7 million, down 4.4% at constant exchange rates [5][6][7]. Regional Performance - EMEA region sales for the first nine months were €255.8 million, down 2.3% at constant exchange rates, with a notable recovery in Q3 [5]. - Americas region revenue was €176.5 million, down 2.2% at constant exchange rates, with a significant decline in Q3 attributed to a weaker performance in Latin America [6]. - Asia region revenue totaled €152.4 million, down 4.3% at constant exchange rates, but showed positive growth of 1.5% in Q3 driven by strong sales in Japan [7]. Product Segment Performance - Diagnostic Imaging revenue for the first nine months was €508.0 million, down 4.0% at constant exchange rates, with a return to growth of 1.7% in Q3 [10]. - Interventional Imaging sales reached €76.7 million, reflecting a 6.0% increase at constant exchange rates, with Q3 growth of 8.8% driven by strong performance of Lipiodol [11][16]. Future Outlook - Guerbet anticipates a slight decline in revenue of around -1% for 2025, with an EBITDA margin expected between 12-13%. Free cash flow is projected to be slightly negative for the year [13]. - The company expects continued growth in Q4 2025, supported by the ramp-up of Elucirem and positive momentum in indirect sales across various regions [12][13].
Hyperfine Announces Proposed Public Offering
Businesswire· 2025-10-15 20:06
GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR) ("Hyperfine†or the "Company†) today announced that it has commenced an underwritten public offering of its Class A common stock or, in lieu of Class A common stock to certain investors, pre-funded warrants to purchase Class A common stock. All securities to be sold in the offering will be sold by Hyperfine. In addition, Hyperfine intends to grant the underwriters a 30-day option to purchase up to 15% of the total number of securities sold in ...
Fujifilm and Beekley Medical® Host 2nd Annual Breast Imaging Education Summit
Businesswire· 2025-10-15 11:43
LEXINGTON, Mass. & BRISTOL, Conn.--(BUSINESS WIRE)--Leading into Breast Cancer Awareness Month, FUJIFILM Healthcare Americas Corporation, a leading provider of medical imaging and informatics solutions, and Beekley Medical®, a leading supplier of niche medical products, hosted its second annual Breast Imaging Education Summit at Fujifilm's Valhalla, NY headquarters on September 20-21. The complimentary event was well attended and convened radiologic technologists specializing in breast imaging. ...
Perimeter Medical Imaging AI to Present at the Small Cap Growth Virtual Investor Conference
Prnewswire· 2025-10-14 12:00
Core Insights - Perimeter Medical Imaging AI, Inc. will present a business update at the Small Cap Growth Virtual Investor Conference on October 16, 2025 [1][2] Company Overview - Perimeter Medical Imaging AI is a commercial-stage medical technology company based in Toronto, Canada, and Dallas, Texas, focused on transforming cancer surgery with advanced imaging tools [3] - The company offers the FDA-cleared Perimeter S-Series OCT system, which provides real-time, cross-sectional visualization of excised tissues at the cellular level [3] - The investigational Perimeter B-Series OCT, featuring ImgAssist AI, is currently under evaluation in a pivotal clinical trial, supported by a grant of up to US$7.4 million from the Cancer Prevention and Research Institute of Texas [3] Product Information - The Perimeter B-Series OCT is not available for sale in the United States, while the Perimeter S-Series OCT has 510(k) clearance under a general indication [4]