Cyngn Inc Reports Results For The Quarter Ended In June: Earnings Summary

Cyngn

10/08/2022 22:01

* CYNGN Inc  CYN.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 14 cents per
share.
    * Reported revenue was zero​; analysts expected $100.00
thousand. 
    * CYNGN Inc's reported EPS for the quarter was a loss of 15
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. 
    * CYNGN Inc shares had risen by 3.5% this quarter and
lost 73.6%
so far this year.
    * Wall Street's median 12-month price target for CYNGN Inc
is
$13.00 
    * 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." 

This summary was machine generated from Refinitiv data August 10
at 09:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.14          -0.15          Missed
 Mar. 31 2022      -0.12          -0.14          Missed
 Dec. 31 2021      -0.01          -0.10          Missed