* Akoustis Technologies Inc is expected to show a fall in quarterly revenue when it reports results on September 4 (estimated) for the period ending June 30 2024
* The Huntersville North Carolina-based company is expected to report a 12.1% decrease in revenue to $7.323 million from $8.33 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Akoustis Technologies Inc is for a loss of 11 cents per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Akoustis Technologies Inc is $1.00, above its last closing price of $0.08.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -0.14 -0.12 -0.14 Missed -16.7
Dec. 31 2024 -0.19 -0.18 -0.19 Missed -5.6
Sep. 30 2023 -0.18 -0.18 -0.26 Missed -44.4
Jun. 30 2023 -0.16 -0.17 -0.21 Missed -26.5
Jan. -0.20 -0.19 -0.20 Missed -4.2
1 0001
Dec. 31 2022 -0.25 -0.25 -0.19 Beat 24
Sep. 30 2022 -0.22 -0.20 -0.28 Missed -38.3
Jan. 1 0001 -0.19 -0.26 Missed -34.5
This summary was machine generated September 2 at 12:54 GMT. 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)
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