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

Agora

22/11/2023 24:58

* Agora Inc  API.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of -25 cents.  The lone analyst forecast for the quarter was
for a loss of 10 cents per share. 
    * Revenue fell 14.6% to $35.02 million from a year ago. 
    * Agora Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The company reported a quarterly loss of $22.51 million.
    * Agora Inc shares had risen by 24.9% this quarter and
lost 19.2%
so far this year.

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
$4.15 

This summary was machine generated from LSEG data November 22 at
12:57 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.10          -0.23          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