Algorhythm Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Algorhythm Holdings

14/08/2026 16:10

Algorhythm Holdings Inc RIME.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended June 30.  The lone analyst forecast for the quarter was for a loss of 36 cents per share. 
Revenue was $3.01 million​; analysts expected $3.00 million. 
Algorhythm Holdings Inc's reported EPS for the quarter was a loss of 25 cents​.
The company reported a quarterly loss of $3.83 million.
Algorhythm Holdings Inc shares had fallen by 20.9% this quarter and lost 55.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 54.4% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" 
Wall Street's median 12-month price target for Algorhythm Holdings Inc is $5.00, about 91% above its last closing price of $0.45
This summary was machine generated from LSEG data August 14 at 03:10 p.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
Jun. 30 2026 
-0.36
-0.25
Beat
Mar. 31 2026 
-0.73
-0.52
Beat