Agora Inc reports results for the quarter ended in December - Earnings Summary

Agora

27/02/2024 07:51

* Agora Inc  API.OQ  reported a quarterly adjusted loss of 1
cent​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -21
cents.  The lone analyst forecast for the quarter was for a loss
of 9 cents per share. 
    * Revenue fell 10.2% to $36.04 million from a year ago. 
    * The company reported a quarterly loss of $2.61 million.
    * Agora Inc shares had risen by 4.6% this quarter.

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 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Agora Inc
is
$3.75 

This summary was machine generated from LSEG data February 27 at
07:50 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
 Dec. 31 2023      -0.09          -0.01          Beat
 Sep. 30 2023      -0.10          -0.23          Missed
 Jun. 30 2023      -0.12          -0.13          Missed
 Mar. 31 2023      -0.14          -0.16          Missed