Earnings ·
QT Imaging Holdings reported second-quarter revenue of $7.4 million, a 103% increase year-over-year, driven by the…
QTIHQT Imaging Holdings, Inc.
QT Imaging Holdings reported second-quarter revenue of $7.4 million, a 103% increase year-over-year, driven by the shipment of 15 Breast Acoustic CT scanners. First-half revenue rose 116% to $14.0 million with 28 total units shipped. The company recorded a net loss of $11.1 million ($0.75 per share), including an $8.3 million non-cash loss on debt extinguishment from modifying its Lynrock Lake term loan maturity to March 2029. QT Imaging completed a $10.0 million public offering, expanded its U.S. commercial team with new regional sales vice presidents, and secured regulatory approvals in Israel and Saudi Arabia. The company reaffirmed its full-year 2026 revenue guidance of approximately $39 million. QT Imaging is a medical device company that develops and commercializes radiation-free breast imaging technology.