Sphere 3D Corp reports results for the quarter ended September 30 - Earnings Summary

• Sphere 3D Corp ANY.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 19 cents per share.

• Revenue was $2.36 million​; analysts expected $5.00 million.

• Sphere 3D Corp's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $176 thousand.

• Sphere 3D Corp shares had risen by 60.3% this quarter and lost 56.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 24% 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 blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for Sphere 3D Corp is 3.00

This summary was machine generated from LSEG data November 15 at 02:05 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)