earnings
confidence high
sentiment positive
materiality 0.75
QT Imaging Q2 revenue surges 113% YoY to $3.7M; pursues Nasdaq uplisting
QT IMAGING HOLDINGS, INC.
2025-Q2 EPS reported
-$0.54
revenue$6,457,829
- Q2 2025 revenue $3.7M, up 113% from Q2 2024 and 31% from Q1 2025; gross margin 50%.
- Shipped eight Breast Acoustic CT scanners in Q2 and two more in July under NXC Imaging agreement.
- Net proceeds of $700K from two PIPE investments, $500K funded by Board members.
- Amended Lynrock Lake and Yorkville warrant agreements to remove warrant liability.
- Pursuing Nasdaq uplisting; seeks stockholder approval for reverse stock split at Aug 19 annual meeting.
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