Glimpse Group Inc reports results for the quarter ended in January - Earnings Summary

Brightline Interactive

16/05/2024 21:23

* Glimpse Group Inc  VRAR.OQ  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in January.  The
lone analyst forecast for the quarter was for a loss of 10 cents
per share. 
    * Revenue fell 48.4% to $1.90 million from a year ago;
analysts
expected $2.10 million. 
    * Glimpse Group Inc's reported EPS for the quarter was a
loss of 9
cents​.
    * The company reported a quarterly loss of $1.54 million.
    * Glimpse Group Inc shares had risen by 0.9% this
quarter and held
steady 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Glimpse Group Inc
is $1.99 
This summary was machine generated from LSEG data May 16 at
08:23 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
 Mar. 31 2024      -0.10          -0.07          Beat
 Dec. 31 2023      -0.13          -0.09          Beat
 Sep. 30 2023      -0.18          -0.09          Beat
 Jun. 30 2023      -0.14          -1.37          Missed