Datavault AI Inc DVLT.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-11.89. The lone analyst forecast for the quarter was for a loss of 18 cents per share.
Revenue rose 402.9% to $1.74 million from a year ago; analysts expected $1.40 million.
Datavault AI Inc's reported EPS for the quarter was a loss of 54 cents.
The company reported a quarterly loss of $37.12 million.
Datavault AI Inc shares had fallen by 35.5% this quarter and lost 78.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20% 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 Datavault AI Inc is $7.00, about 93.8% above its last closing price of $0.43
This summary was machine generated from LSEG data August 20 at 12:29 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)