Nano-X Imaging Ltd. Reports Q2 2025 Revenue Increase to $3.0 Million from $2.7 Million in Q2 2024, Despite Continued Gross Losses
Nano-X Imaging Ltd. reported a revenue increase to $3.0 million in Q2 2025, up from $2.7 million in Q2 2024, driven by teleradiology services and imaging systems sales. However, the company faced a net loss of $14.7 million, compared to $13.6 million the previous year, due to increased gross losses and finance expenses. The company anticipates deploying over 100 clinical units by the end of 2025, with a growing sales funnel for its Nanox.ARC system, indicating potential for future revenue growth.
Nano-X Imaging Ltd. (NASDAQ: NNOX), an innovative medical imaging technology company, announced its financial results for the second quarter ending June 30, 2025. The company reported revenue of $3.0 million, up from $2.7 million during the same period in 2024. This increase in revenue was driven by teleradiology services and the sale and deployment of imaging systems and AI solutions. Despite the revenue growth, Nano-X Imaging Ltd. experienced a net loss of $14.7 million for the quarter, compared to a net loss of $13.6 million in the second quarter of 2024. The rise in net loss was attributed mainly to an increase in gross loss and finance expenses, which were partially offset by a decrease in operating expenses. The company has set a positive outlook, anticipating growth in the deployment of its clinical, demo, and commercial units worldwide to over 100 units by the end of 2025, assuming stable macroeconomic conditions. Nano-X Imaging Ltd. also reported significant growth in its Nanox.ARC system sales funnel during the quarter, indicating strong potential for future revenue generation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nano-X Imaging Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9510746-en) on August 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
