Sonim Technologies Inc reports results for the quarter ended in June - Earnings Summary

DNA X

16/08/2021 22:01

* Sonim Technologies Inc  SONM.OQ  reported a quarterly adjusted
loss of 10 cents​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was for a
loss of 10 cents per share.
* Revenue fell 43.2% to $11.95 million from a year ago; 
analysts expected $14.07 million. 
* Sonim Technologies Inc's reported EPS for the quarter was a
loss of 10 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. 
* Sonim Technologies Inc shares had fallen by 26.0% this
quarter and lost 42.9% so far this year.
* The company reported a quarterly loss of $6.69 million.
* Wall Street's median 12-month price target for Sonim
Technologies Inc is $1.75 
* 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." 
This summary was machine generated August 16 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated