* Sonim Technologies Inc reported a quarterly adjusted loss of 7 cents per share for the quarter ended in March. The lone analyst forecast for the quarter was for a loss of 3 cents per share.
* Revenue was $16.78 million; analysts expected $18.00 million.
* Sonim Technologies Inc's reported EPS for the quarter was a loss of 7 cents.
* The company reported a quarterly loss of $2.91 million.
* Sonim Technologies Inc shares had fallen by 4.1% this quarter and lost 20.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 400% 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 May 14 at 11:46 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
Mar. 31 2024 -0.03 -0.07 Missed
Dec. 31 2023 0.01 -0.03 Missed
Comments