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

Agora

31/05/2023 11:10

* Agora Inc  API.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 14
cents per share.
    * Revenue fell 5.6% to $36.44 million from a year ago;
analysts
expected $36.25 million. 
    * Agora Inc's reported EPS for the quarter was a loss of 16
cents​.
    * 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. 
    * Agora Inc shares had fallen by 21.0% this quarter and
lost 26.9%
so far this year.
    * The company reported a quarterly loss of $16.8 million.
    * Wall Street's median 12-month price target for Agora Inc
is
$4.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
31 at 10:09 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.20          -0.27          Missed