Sonim Technologies Inc reports results for the quarter ended September 30 - Earnings Summary

DNA X

14/11/2024 03:56

* Sonim Technologies Inc  SONM.OQ  reported a quarterly
adjusted
loss of 52 cents​​ per share for the quarter ended September
30.  The lone analyst forecast for the quarter was for a loss
of 66 cents per share. 
    * Revenue was $15.02 million​; analysts expected $14.78
million. 
    * Sonim Technologies Inc's reported EPS for the quarter was
a loss
of 52 cents​.
    * The company reported a quarterly loss of $2.51 million.
    * Sonim Technologies Inc shares had risen by 22.3% this
quarter and lost 51.8% 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
    * 
    * Wall Street's median 12-month price target for Sonim
Technologies Inc is 8.00 

This summary was machine generated from LSEG data November 14 at
03:56 a.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
 Sep. 30 2024      -0.66          -0.52          Beat
 Jun. 30 2024      -0.54          -1.41          Missed
 Mar. 31 2024      -0.30          -0.70          Missed
 Dec. 31 2023      0.10           -0.30          Missed