Brief: Sonim Reports First Quarter Results And Accelerating New Product Orders

DNA X

11/05/2021 22:10

May 11 (Reuters) - Sonim Technologies Inc  SONM.O :
    * SONIM REPORTS FIRST QUARTER RESULTS AND ACCELERATING NEW
PRODUCT
ORDERS
    * Q1 GAAP LOSS PER SHARE $0.14
    * Q1 REVENUE $12.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$13
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.10 -- REFINITIV IBES
DATA
    * SUBSTANTIAL DOUBT EXISTS REGARDING SONIM'S ABILITY TO
CONTINUE
AS A GOING CONCERN
    * SONIM TECHNOLOGIES - PLANS TO EXPLORE RAISING ADDITIONAL
CAPITAL
TO ALLOW IT TO CONTINUE OPERATIONS

Source text for Eikon:  ID:nPn3l8qHXa 
Further company coverage:  SONM.O 

 ((Reuters.Briefs@thomsonreuters.com;))