iCAD, Inc. (ICAD)

NASDAQ: ICAD · IEX Real-Time Price · USD
1.510
+0.050 (3.42%)
May 10, 2024, 4:30 PM EDT - Market closed
3.42%
Market Cap 39.82M
Revenue (ttm) 17.32M
Net Income (ttm) -4.85M
Shares Out 26.37M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 78,052
Open 1.480
Previous Close 1.460
Day's Range 1.450 - 1.540
52-Week Range 1.050 - 3.970
Beta 1.36
Analysts Strong Buy
Price Target 5.00 (+231.13%)
Earnings Date May 15, 2024

About ICAD

iCAD, Inc. engages in the provision of cancer detection and therapy solutions in the United States. It operates through two segments, Detection and Therapy. The company provides ProFound AI for digital breast tomosynthesis and 2D mammography; PowerLook, a density assessment solution; and ProFound Risk, a breast cancer risk analysis. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was incorporated in 1984 and is headquartered in Nashua, New Hampshire. [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Dec 3, 1986
Employees 67
Stock Exchange NASDAQ
Ticker Symbol ICAD
Full Company Profile

Financial Performance

In 2023, iCAD, Inc.'s revenue was $17.32 million, a decrease of -12.54% compared to the previous year's $19.80 million. Losses were -$4.85 million, -64.51% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ICAD stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(231.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

UPDATE - iCAD to Report First Quarter 2024 Financial Results on May 15, 2024

NASHUA, N.H., May 08, 2024 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global leader in clinically proven AI-powered cancer detection solutions, announced today it will release financial results ...

3 days ago - GlobeNewsWire

iCAD to Report First Quarter 2024 Financial Results on May 15, 2024

NASHUA, N.H., May 02, 2024 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global leader in clinically proven AI-powered cancer detection solutions, announced today it will release financial results ...

9 days ago - GlobeNewsWire

iCAD Showcases New ProFound Cloud, Enhanced ProFound Detection Workstation Features and New Strategic Partnerships at SBI Annual Symposium

NASHUA, N.H., April 11, 2024 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global leader in clinically proven AI-powered cancer detection solutions, announced today it will showcase its ProFound Br...

4 weeks ago - GlobeNewsWire

iCAD and Densitas Partner to Enhance Precision Breast Health with Leading AI Solutions for Mammography Quality, Cancer Detection, and Risk Evaluation

NASHUA, N.H. and HALIFAX, Nova Scotia, April 09, 2024 (GLOBE NEWSWIRE) -- iCAD, Inc . (NASDAQ: ICAD), a global leader in clinically proven AI-powered cancer detection solutions, announced a strategic ...

4 weeks ago - GlobeNewsWire

iCAD's ProFound AI Suite Uncovers Hidden Heart Disease Risk According to New Data Presented at American College of Cardiology Meeting

Study confirms iCAD's Breast Arterial Calcification AI Algorithm successfully detects calcification of breast vessels, an indicator of cardiovascular disease, from mammograms Study confirms iCAD's Bre...

4 weeks ago - GlobeNewsWire

iCAD Unveils ProFound Cloud, Enabling Interoperability and Access to Breast AI Solutions at Enterprise Scale

ProFound Cloud redefines accessibility to critical insights, empowering radiologists in early breast cancer detection ProFound Cloud redefines accessibility to critical insights, empowering radiologis...

5 weeks ago - GlobeNewsWire

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

Annual Recurring Revenue of $8.7 million, an increase of 15% year-over-year Full-Year Operating Cash Flow ($5) million vs. ($12.8) million prior year Year ending cash balance of $21.7M

2 months ago - GlobeNewsWire

iCAD Highlights Promising Clinical Data Demonstrating Ability to Reduce Breast Interval Cancer Rates and Decrease Recall Rates at ECR 2024; Showcases Additional Platform Offerings

NASHUA, N.H., Feb. 28, 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 canc...

2 months ago - GlobeNewsWire

iCAD expands Board of Directors with the appointment of Dr. Hedvig Hricak, MD, PhD, (Dr.h.cᵐ)

Dr. Hricak offers extensive experience in radiology, real-world application of AI-enabled imaging solutions, research, and global healthcare perspectives Dr. Hricak offers extensive experience in radi...

2 months ago - GlobeNewsWire

iCAD to Report Fourth Quarter and Full Year 2023 Financial Results on March 12, 2024

NASHUA, N.H., Feb. 27, 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 canc...

2 months ago - GlobeNewsWire

iCAD's AI-powered solutions to Help Accelerate Breast Cancer Detection in New Collaboration with GE Healthcare

NASHUA, N.H., Nov. 28, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader in innovative cancer-detection solutions, today announced that key artificial intelligence...

5 months ago - GlobeNewsWire

iCAD's ProFound AI Can Predict 1-2 Year Risk for Breast Cancer and Reveal Insights for Heart Disease

New research presented at Radiological Society of North America annual meeting confirms ability of ProFound Breast Health Suite to predict a woman's one to two-year risk for breast cancer iCAD unveils...

5 months ago - GlobeNewsWire

iCAD to Participate in the 14th Annual Craig-Hallum Alpha Select Conference

NASHUA, N.H., Nov. 14, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD) a global leader on a mission to create a world where cancer can't hide by providing clinically proven AI-powered breast health...

6 months ago - GlobeNewsWire

iCAD Reports Financial Results for Third Quarter Ended September 30, 2023

NASHUA, N.H., Nov. 13, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD) a global leader on a mission to create a world where cancer can't hide by providing clinically proven AI-powered breast health...

6 months ago - GlobeNewsWire

iCAD to Report Third Quarter 2023 Financial Results on November 13, 2023

NASHUA, N.H., Oct. 30, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD) is a global leader on a mission to create a world where cancer can't hide by providing clinically proven AI-powered breast hea...

6 months ago - GlobeNewsWire

iCAD, Inc. Announces Sale of Xoft, its Brachytherapy Business Line, to Elekta

Xoft's eBx System can now be offered to more clinics and cancer patients world-wide through Elekta's extensive sales channels Xoft's eBx System can now be offered to more clinics and cancer patients w...

7 months ago - GlobeNewsWire

Health Canada Grants Device License for iCAD's ProFound Risk 2.0, Revolutionizing Breast Cancer Risk Via a 1-2 Year Assessment

NASHUA, N.H., Aug. 16, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today announced Health Canada...

9 months ago - GlobeNewsWire

iCAD Reports Financial Results for Second Quarter Ended June 30, 2023

NASHUA, N.H., Aug. 14, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today reported its financial ...

9 months ago - GlobeNewsWire

iCAD to Report Second Quarter 2023 Financial Results on August 14, 2023

NASHUA, N.H., July 31, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today announced it will relea...

10 months ago - GlobeNewsWire

iCAD Signs Strategic Commercial Agreement with Radiology Partners, the Nation's Largest Radiology Practice

Agreement positions iCAD as Radiology Partners' breast AI provider, expanding potential for iCAD's technology to reach millions of women in the U.S. Agreement positions iCAD as Radiology Partners' bre...

10 months ago - GlobeNewsWire

iCAD's “ProFound Insights, ProFound Impact” Webinar Series to Feature Cleveland Clinic

Cleveland Clinic breast radiologist, Laura Dean, MD, to discuss how iCAD's Breast AI Suite helps her detect the breast cancers radiologists fear most Cleveland Clinic breast radiologist, Laura Dean, M...

10 months ago - GlobeNewsWire

iCAD Offers ROI Analysis Based on Real-World Results from its ProFound Breast AI Suite at AHRA Annual Meeting

Company's ROI Tool offers preview of business value the ProFound Breast AI Suite offers to clinicians and imaging facilities Company's ROI Tool offers preview of business value the ProFound Breast AI ...

10 months ago - GlobeNewsWire

iCAD's ProFound AI Breast Suite Wins U.S. General Services Administration's AI Healthcare Challenge Award

Company presented portfolio of breast cancer detection, density assessment and risk evaluation solutions at the competition, focused on improving health outcomes Company presented portfolio of breast ...

1 year ago - GlobeNewsWire

iCAD Reports Financial Results for First Quarter Ended March 31, 2023

NASHUA, N.H., May 15, 2023 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today reported its financial a...

1 year ago - GlobeNewsWire

ProFound AI Risk Outperforms Traditional, Widely-Accepted Breast Cancer Risk Models for Both Short-term and Long-term Risk Assessments

ProFound AI Risk offered higher accuracy than Tyrer-Cuzick v8 for all women, regardless of menopausal status, breast density, and family history of breast cancer ProFound AI Risk offered higher accura...

1 year ago - GlobeNewsWire