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Stock impact report

iCAD Announces Fiscal Fourth Quarter and Full-Year 2023 Financial Results

icad inc. (ICAD) 
Last icad inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: icadmed.com/financial-news-and-events.html
Company Research Source: GlobeNewswire
Annual Recurring Revenue of $8.7 million, an increase of 15% year-over-yearFull-Year Operating Cash Flow ($5) million vs. ($12.8) million prior yearYear ending cash balance of $21.7M NASHUA, N.H., March 12, 2024 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD) a global leader in clinically proven AI-powered solutions that enable medical providers to accurately and reliably detect cancer earlier and improve patient outcomes, today announced results for its fiscal fourth quarter and full year ended December 31, 2023, as compared to the corresponding period of the last fiscal year. Fourth Quarter 2023 Financial Highlights: Total ARR was $8.7 million, up 15%Total revenues were $4.7 million, up 2%Gross Profit Margin % was 91%, up from 84%GAAP Net Loss from continuing operations ($0.5) million, improvement from ($2.3) millionOperating cash flow was ($1.5) million, improvement from ($3.1) million Full Year 2023 Financial Highlights: Total revenues were $17.3 million, down 13%Gross Prof Show less Read more
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