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Spectral AI (MDAI)
NASDAQ:MDAI
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.19Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -5.47%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in technology validation and revenue growth, particularly with the DeepView system's performance and international deployments. However, financial challenges and projected revenue declines for 2025 temper the optimistic outlook.Company Guidance
During the Spectral AI fourth quarter and full year 2024 financial results conference call, the company provided detailed guidance on its financial and strategic achievements, alongside future objectives. Spectral AI reported a significant increase in research and development revenue, reaching $29.6 million in 2024, up 63.5% from the previous year. The company achieved a gross margin of 44.9% and reduced general and administrative expenses to $19.9 million. The call highlighted key milestones such as the successful deployment of the DeepView system in Australia and the U.K., with plans to submit FDA results by Q2 2025 and to seek De Novo classification by 2026. The company also foresees approximately $21.5 million in R&D revenue for 2025, excluding potential commercial sales. Spectral AI is preparing for a commercial launch upon FDA clearance and anticipates SnapShot M to be ready for military deployment by 2027. Additionally, the formation of Spectral IP, aimed at monetizing intellectual property assets, was discussed, with plans for a spin-off within 90 days. The guidance emphasized a focus on expanding market presence, improving operational efficiencies, and leveraging government contracts to support strategic goals.Positive Results from Burn Validation Study
The DeepView system demonstrated exceptional performance in predicting burn healing potential, outperforming clinicians in sensitivity, Dice Score, and specificity. Sensitivity reached 86.6% compared to 40.8% by physicians.
Record Research and Development Revenue
R&D revenue reached $29.6 million in 2024, marking a 63.5% increase from the previous year, driven by expanded work on the BARDA PBS contract.
Successful Deployment in Australia and the UK
Spectral AI successfully deployed three DeepView systems in Australia and gathered positive feedback from UK specialists, expanding the company's international presence.
Formation and Spin-off of Spectral IP
Spectral AI formed Spectral IP to monetize IP assets, with an anticipated spin-off into an independent publicly traded company.
Improved Financial Position
The company improved its financial position with cash and cash equivalents exceeding $14 million following long-term debt financing.
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MDAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MDAI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 27, 2025 | $1.28 | $1.13 | -11.72% |
| Nov 06, 2024 | $1.51 | $1.34 | -11.26% |
| Aug 12, 2024 | $1.66 | $1.50 | -9.64% |
| May 07, 2024 | $1.72 | $1.73 | +0.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Spectral AI (MDAI) report earnings?
Spectral AI (MDAI) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Spectral AI (MDAI) earnings time?
Spectral AI (MDAI) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MDAI EPS forecast?
MDAI EPS forecast for the fiscal quarter 2025 (Q1) is -0.13.
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