It will be interesting to see if the Volpara has seen a similar impact given a similar client base and overlap in breast imaging on the diagnostics side of ICADs business.
From ICAD disclosure last week
"Our sales in Q4 fell far below sales reported for Q4 of 2020, based primarily on the disruption to our business from the surge of the COVID-19 Omicron variant, which caused significant clinical and administrative staffing shortages and limited availability of hospital decision makers to issue purchase orders in the last three weeks of 2021. iCAD’s Detection business, which was more heavily impacted by the shortfall in Q4 than our Therapy segment, has historically realized a high proportion of quarterly sales in the last month of the quarter. In December, our customers expressed a singular focus on surging COVID-19 infection rates, which caused attention to be diverted from non-essential purchases and/or ability to process purchase orders, causing a number of anticipated sales to be delayed or postponed beyond December 2021 and preventing the closure of deals that would have represented a high percentage of quarterly sales"
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