iCAD (ICAD) Swings to Q3 Loss

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iCAD Reports Third Quarter 2015 Financial Results

October 29, 2015 4:04 PM EDT

NASHUA, N.H., Oct. 29, 2015 (GLOBE NEWSWIRE) -- iCAD, Inc. (Nasdaq: ICAD), an industry-leading provider of advanced image analysis, workflow solutions and radiation therapy for the early identification and treatment of cancer, today reported financial results for the three months and nine months ended September 30, 2015.

Third Quarter Highlights:

Total revenue of $9.6 million, a decrease of 23.8% year-over year, driven by the general uncertainty related to reimbursement for non-melanoma skin cancer... More