Sonim Technologies Inc expected to post a loss of 10 cents a share - Earnings Preview

DNA X

11/08/2021 03:58

* Sonim Technologies Inc  SONM.OQ   SONM.O  is expected to show
a fall in quarterly revenue when it reports results on August 10
(estimated). 
* The Austin, Texas-based company is expected to report   a
33.2% decrease in revenue to $14.067 million from $21.06 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Sonim Technologies Inc
is for a loss of 10 cents per share. For the same quarter last
year, the company reported a loss of 22 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Sonim
Technologies Inc is $1.75​, about 74.3% above​ its last closing
price of $0.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.11       -0.10      -0.14     Missed  -35.5
 Dec. 31 2020  -0.13       -0.14      -0.05     Beat    63.4
 Sep. 30 2020  -0.18       -0.19      -0.10     Beat    47.4​
 Jun. 30 2020  -0.26       -0.27      -0.22     Beat    18.5
 Mar.          -0.28​      -0.27      -0.48     Missed  -74.5​
 31​ 2020​                                              
 Dec. 31 2019              -0.14      -0.34     Missed  -147.3
                                                        ​
 Sep. 30 2019  -0.15       -0.08      -0.30     Missed  -252.9
 Jun. 30 2019  -0.01       -0.01      -0.05     Missed  -649.6
 This summary was machine generated August 11 at 02:58 GMT.  All
figures in US dollars unless otherwise stated