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Stock impact report

QT Imaging Announces Second Quarter 2024 Financial Results

QT Imaging Holdings, Inc. (QTI) 
Company Research Source: Business Wire
Generated Scanner Sales Revenue of $1.7 Million with 51% Gross Margin in the Second Quarter of 2024The Company Continues to Make Progress in the Engineering and Clinical Feasibility Study with its Strategic PartnerSigned a U.S. Exclusive Distribution AgreementAnnounced Partnership with the University of Oklahoma and OU Health Stephenson Cancer Center to Improve Precision in Cancer Detection and Treatment NOVATO, Calif.--(BUSINESS WIRE)--QT Imaging Holdings, Inc. (NASDAQ: QTI) (“QT Imaging” or the “Company”), a medical device company engaged in research, development, and commercialization of innovative body imaging systems, today announced financial results for the second quarter of 2024.“QT Imaging's team completed the first full quarter in the life of our young public company. We continued to deliver against our plan for the engineering and clinical feasibility study to solidify the intended partnership for large scale manufacturing. Additionally, we shipped four Breast Acoustic C Show less Read more
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