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

Agora

15/08/2022 23:38

* Agora Inc  API.OQ  reported a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 20 cents per share.
    * Revenue fell 3.2% to $40.98 million from a year ago;
analysts
expected $40.09 million. 
    * Agora Inc's reported EPS for the quarter was a loss of 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Agora Inc shares had fallen by 28.0% this quarter and
lost 70.8%
so far this year.
    * The company reported a quarterly loss of $30.68 million.
    * Wall Street's median 12-month price target for Agora Inc
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 10:38 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.20          -0.27          Missed
 Mar. 31 2022      -0.19          -0.24          Missed
 Dec. 31 2021      -0.18          -0.19          Missed
 Sep. 30 2021      -0.14          -0.19          Missed