iCAD (ICAD) Reports In-Line Q2 EPS

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Go back to iCAD (ICAD) Reports In-Line Q2 EPS

BTIG Reiterates Buy Rating on icad Inc. (ICAD)

August 14, 2024 5:18 AM EDT

BTIG analyst Marie Thibault reiterated a Buy rating and $3.00 price target on icad Inc. (NASDAQ: ICAD).

The analyst comments "iCAD reported $5.0M in Q2 revenue, above consensus of $4.4M. The beat was driven by the introduction of the Cloud platform, customer upgrades, and focus on large, national customers. The company posted 84% gross margin and a 4% y/y increase in... More