Cyngn Inc Reports Results For The Quarter Ended June 30: Earnings Summary
CYNGN Inc reports results for the quarter ended June 30 - Earnings Summary
CYNGN Inc CYN.OQ reported a quarterly adjusted loss of 45 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.70. The lone analyst forecast for the quarter was for a loss of 30 cents per share.
Revenue rose 326.9% to $144.00 thousand from a year ago; analysts expected $1.10 million.
CYNGN Inc's reported EPS for the quarter was a loss of 45 cents.
The company reported a quarterly loss of $6.35 million.
CYNGN Inc shares had fallen by 9.4% this quarter and lost 47.1% 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."
Wall Street's median 12-month price target for CYNGN Inc is $5.00, about 74.8% above its last closing price of $1.26
This summary was machine generated from LSEG data August 12 at 09:01 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 | -0.30 | -0.45 | Missed |
Mar. 31 2026 | -0.60 | -0.59 | Beat |
Dec. 31 2025 | -1.00 | -0.72 | Beat |
Sep. 30 2025 | -1.00 | -1.20 | Missed |
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Cyngn Inc Reports Results For The Quarter Ended June 30: Earnings Summary
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