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Stock impact report

Nano-X Imaging: System Deployments Finally Begin [Seeking Alpha]

NANO-X IMAGING LTD - Ordinary Shares (NNOX) 
Company Research Source: Seeking Alpha
The company has also made progress in Africa and Latin America with installations and distribution agreements. However, financial performance is still lagging with scant details on how Nano-X will scale up to commercial scale. The story is improving, but there are still too many concerns for me to invest in NNOX stock. In December, when I last updated on Nano-X Imaging Ltd. NASDAQ: NNOX ), the company had just released its Q3/2023 earnings report and disclosed that the company was ramping up commercial deployments in the U.S. with a 2-pronged approach of selling OEM systems as well as deploying a "Scan-As-A-Service" ("Saas") business model (Figure 1). At the time of my article, I remarked that the upcoming quarters will be critical for Nano-X, as the company can no longer blame regulatory delays for its lack of execution. To management's credit, the company appears to be finally executing its long-awaited roll-out strategy, as the company recently released Q4 2023 earnings Show less Read more
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