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

Agora

21/08/2023 23:43

* Agora Inc  API.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 12 cents per
share.
    * Revenue fell 16.9% to $34.04 million from a year ago. 
    * Agora Inc's reported EPS for the quarter was a loss of 45
cents​.
    * The mean earnings estimate of analysts had risen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Agora Inc shares had fallen by 9.6% this quarter and
lost 27.6%
so far this year.
    * The company reported a quarterly loss of $45.29 million.
    * Wall Street's median 12-month price target for Agora Inc
is
$4.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 21 at 10:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.12          -0.13          Missed
 Mar. 31 2023      -0.14          -0.16          Missed
 Dec. 31 2022      -0.14          -0.21          Missed
 Sep. 30 2022      -0.21          -0.25          Missed