Earnings ·
QT Imaging reports Q3 revenue of $7.3M, raises full-year outlook to ~$34M
QTIQT Imaging Holdings, Inc.
QT Imaging Holdings reported third-quarter revenue of $7.3 million, a 75% increase from the prior year, driven by sales of 15 Breast Acoustic CT scanners. For the first nine months of 2026, revenue reached $21.3 million with 43 units sold. The company revised its full-year 2026 revenue guidance to approximately $34 million, down from $39 million, citing shipment delays in Saudi Arabia and the UAE due to regional conflict. However, U.S. shipments remain on plan. Additionally, CMS established a separate Medicare hospital outpatient payment for QTscan examinations effective January 1, 2027, removing reimbursement uncertainty. The company operates in the medical device industry, developing radiation-free imaging technology for breast health management.