NNOX News & Events

Stock futures are higher this morning as technology stocks attempt to regain leadership after several volatile sessions. Investors had started questioning whether the AI trade was losing momentum, but the latest chip demand signals are pushing the narrative back toward continued infrastructure expansion.Micron reported strong results and disclosed roughly $22B in forward chip commitments, lifting sentiment across the broader chip complex. The move is helping ease concerns that recent weakness in AI-related stocks represented a deeper shift in demand. The question now is whether this becomes a durable restart for the AI trade or simply a relief rally after a sharp pullback.In pre-market trading, S&P 500 futures rose 0.76%, Nasdaq futures rose 2.29% and Dow futures rose 0.24%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -IBMup 2% after unveiling the world's first sub-1 nanometer chip technologyUP AFTER EARNINGS -Micronup 19%TD Synnexup 8%Acuityup 7%BlackBerryup 7%McCormickup 3%Commercial Metalsup 1%DOWN AFTER EARNINGS -Nano-X Imagingdown 13%Dardendown 3%Winnebagodown 3%

Reports Q1 revenue $4.31M, consensus $4.54M. "To date, we are beginning to see revenue and increased scan utilization from the Nanox.ARC," said Erez Meltzer, CEO and acting chairman. "We've altered our approach to emphasize partnerships, prioritize deployments at high-visibility reference sites like RadNet, and began taking efficiency steps to improve our cost structure. While changing the standard of care in medical imaging takes time, we believe these adjustments position us more effectively for sustainable growth and to capitalize on the potential of Nanox.ARC. That said, the pace of commercialization will continue to depend on a range of factors, including market adoption, customer demand, site readiness, construction timelines, regulatory approvals, and the performance of our partners."

Nanox Imaging announced a distribution agreement with Top Med to deploy the Nanox.ARC system and related services in Peru. Under the agreement, Nanox appointed Top Med as its exclusive distributor of the Nanox.ARC system and Nanox platform in Peru, subject to commercial milestones and regulatory requirements. The agreement is structured as a capex model and includes an expected initial deployment of six Nanox.ARC systems, subject to receipt of the required permits.