iCAD Announces Q3 2024 Financial Results Release and Participation in Craig-Hallum Conference

2 Sources

iCAD, a leader in AI-powered cancer detection, sets date for Q3 2024 financial results and plans to attend the Craig-Hallum Alpha Select Conference, showcasing its commitment to AI innovation in healthcare.

News article

iCAD Prepares for Q3 2024 Financial Disclosure

iCAD, Inc. (NASDAQ: ICAD), a global leader in AI-powered cancer detection solutions, has announced its plans to release financial results for the third quarter ended September 30, 2024. The company will host a conference call on Wednesday, November 13, 2024, at 4:30 PM Eastern Time, following the market close 1.

Participation in Craig-Hallum Alpha Select Conference

In a separate announcement, iCAD revealed that its top executives, CEO Dana Brown and CFO Eric Lonnqvist, will be attending the 15th Annual Craig-Hallum Alpha Select Conference. The event is scheduled for Tuesday, November 19, 2024, at the Sheraton New York Times Square Hotel 2.

iCAD's AI-Powered Healthcare Solutions

iCAD specializes in clinically proven AI-powered cancer detection solutions, with a particular focus on breast health. The company's flagship product, the ProFound Breast Health Suite, provides AI-powered mammography analysis for breast cancer detection, density assessment, and risk evaluation 12.

Key highlights of iCAD's market presence include:

  • Availability in over 50 countries
  • Utilization by thousands of providers serving millions of patients
  • An estimated 40 million mammograms processed worldwide in the last five years
  • Nearly 30% of processed mammograms being tomosynthesis 12

Future Outlook and Potential Challenges

While iCAD expresses optimism about its AI-powered solutions, the company acknowledges potential challenges and uncertainties. These include:

  • The impact of supply and manufacturing constraints
  • Uncertainty of future sales levels
  • Potential litigation matters
  • Protection of patents and proprietary rights
  • Possible technological obsolescence
  • Increased competition
  • Changes in Medicare or other reimbursement policies 12

Investor Relations and Market Position

iCAD's participation in the Craig-Hallum Alpha Select Conference underscores its position as a notable player in the healthcare technology sector. The conference, which features companies with sub-$500 million market caps, attractive business models, and above-average growth prospects, provides iCAD with an opportunity to showcase its AI-driven innovations to institutional investors 2.

Explore today's top stories

NVIDIA Unveils Major GeForce NOW Upgrade with RTX 5080 Performance and Expanded Game Library

NVIDIA announces significant upgrades to its GeForce NOW cloud gaming service, including RTX 5080-class performance, improved streaming quality, and an expanded game library, set to launch in September 2025.

CNET logoengadget logoPCWorld logo

10 Sources

Technology

22 hrs ago

NVIDIA Unveils Major GeForce NOW Upgrade with RTX 5080

Nvidia Develops New AI Chip for China Amid Geopolitical Tensions

Nvidia is reportedly developing a new AI chip, the B30A, based on its latest Blackwell architecture for the Chinese market. This chip is expected to outperform the currently allowed H20 model, raising questions about U.S. regulatory approval and the ongoing tech trade tensions between the U.S. and China.

TechCrunch logoTom's Hardware logoReuters logo

11 Sources

Technology

22 hrs ago

Nvidia Develops New AI Chip for China Amid Geopolitical

SoftBank's $2 Billion Investment in Intel: A Strategic Move in the AI Chip Race

SoftBank Group has agreed to invest $2 billion in Intel, buying common stock at $23 per share. This strategic investment comes as Intel undergoes a major restructuring under new CEO Lip-Bu Tan, aiming to regain its competitive edge in the semiconductor industry, particularly in AI chips.

TechCrunch logoTom's Hardware logoReuters logo

18 Sources

Business

14 hrs ago

SoftBank's $2 Billion Investment in Intel: A Strategic Move

Databricks Secures $100 Billion Valuation in Latest Funding Round, Highlighting AI Sector's Rapid Growth

Databricks, a data analytics firm, is set to raise its valuation to over $100 billion in a new funding round, showcasing the strong investor interest in AI startups. The company plans to use the funds for AI acquisitions and product development.

Reuters logoAnalytics India Magazine logoU.S. News & World Report logo

7 Sources

Business

6 hrs ago

Databricks Secures $100 Billion Valuation in Latest Funding

OpenAI Launches Affordable ChatGPT Go Plan in India, Eyeing Global Expansion

OpenAI introduces ChatGPT Go, a new subscription plan priced at ₹399 ($4.60) per month exclusively for Indian users, offering enhanced features and affordability to capture a larger market share.

TechCrunch logoBloomberg Business logoReuters logo

15 Sources

Technology

14 hrs ago

OpenAI Launches Affordable ChatGPT Go Plan in India, Eyeing
TheOutpost.ai

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

© 2025 Triveous Technologies Private Limited
Instagram logo
LinkedIn logo