CXApp Inc reports results for the quarter ended September 30 - Earnings Summary

CXApp

13/11/2024 14:23

* CXApp Inc  CXAI.OQ  reported a quarterly adjusted loss
of 32
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 13
cents.  The lone analyst forecast for the quarter was for a loss
of 24 cents per share. 
    * Revenue rose 7.2% to $1.90 million from a year ago;
analysts
expected $1.80 million. 
    * CXApp Inc's reported EPS for the quarter was a loss of 32
cents​.
    * The company reported a quarterly loss of $5.05 million.
    * CXApp Inc shares had risen by 3.6% this quarter and
gained 34.9%
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"

This summary was machine generated from LSEG data November 13 at
02:23 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
 Sep. 30 2024      -0.24          -0.32          Missed
 Jun. 30 2024      -0.27          -0.34          Missed
 Dec. 31 2023      -0.35          -3.39          Missed