CXApp Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-13
<a href="https://laohu8.com/S/CXAI">CXApp</a> Inc reports results for the quarter ended September 30 - Earnings Summary
  • CXApp Inc CXAI.OQ reported a quarterly adjusted loss of 32 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The lone analyst forecast for the quarter was for a loss of 24 cents per share.

  • Revenue rose 7.2% to $1.90 million from a year ago; analysts expected $1.80 million.

  • CXApp Inc's reported EPS for the quarter was a loss of 32 cents​.

  • The company reported a quarterly loss of $5.05 million.

  • CXApp Inc shares had risen by 3.6% this quarter and gained 34.9% 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the software peer group is also "buy"

This summary was machine generated from LSEG data November 13 at 02:23 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

Sep. 30 2024

-0.24

-0.32

Missed

Jun. 30 2024

-0.27

-0.34

Missed

Dec. 31 2023

-0.35

-3.39

Missed

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