* AquaBounty Technologies Inc reported a quarterly adjusted loss of 88 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.60. The mean expectation of two analysts for the quarter was for a loss of 88 cents per share. Wall Street expected results to range from -89 cents to -88 cents per share.
* Revenue fell 93.6% to $47.00 thousand from a year ago; analysts expected $75.00 thousand.
* AquaBounty Technologies Inc's reported EPS for the quarter was a loss of 88 cents.
* The company reported a quarterly loss of $3.4 million.
* AquaBounty Technologies Inc shares had fallen by 6.6% this quarter and lost 60.0% so far this year.
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
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the fishing & farming peer group is also "hold"
Wall Street's median 12-month price target for AquaBounty Technologies Inc is $2.00 This summary was machine generated from LSEG data November 6 at 04:52 a.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
Sep. 30 2024 -0.88 -0.88 Met
Jun. 30 2024 -1.15 -1.57 Missed
Mar. 31 2024 -1.52 -2.90 Missed
Dec. 31 2023 -1.53 -2.19 Missed
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