Sonim Technologies Inc reports results for the quarter ended in December - Earnings Summary

Reuters03-28

* Sonim Technologies Inc reported a quarterly adjusted loss of 3 cents per share for the quarter ended in December. The lone analyst forecast for the quarter was for earnings of one cent per share.

* Revenue was $13.43 million; analysts expected $27.57 million.

* Sonim Technologies Inc's reported EPS for the quarter was a loss of 3 cents.

* Sonim Technologies Inc shares had fallen by 8.5% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

*

* Wall Street's median 12-month price target for Sonim Technologies Inc is $2.00

This summary was machine generated from LSEG data March 27 at 11:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 0.01 -0.03 Missed

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