Why Nano-X Imaging Stock Skyrocketed by 26% on Friday

2025-11-21 18:49:16 ET

Medical imaging specialist Nano-X Imaging (NASDAQ: NNOX) was a big hit on the stock market Friday, following the company's publication of its latest set of quarterly earnings. Investors flocked to the stock to push it more than 26% higher that trading session.

Just after market close on Thursday, Nano-X unveiled its third-quarter figures. The company's revenue was $3.45 million, representing a sturdy 13% year-over-year increase. On the other hand, its net loss not according to generally accepted accounting principles (GAAP) deepened, coming in at $9.9 million ($0.15) against the year-ago deficit of $8.7 million.

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