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

Expensify

08/08/2023 23:00

* Expensify Inc  EXFY.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 5 cents per share.
    * Revenue fell 9.9% to $38.88 million from a year ago;
analysts
expected $41.49 million. 
    * Expensify Inc's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 40.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Expensify Inc shares had fallen by 27.1% this quarter and
lost 34.1% so far this year.
    * The company reported a quarterly loss of $11.3 million.
    * Wall Street's median 12-month price target for Expensify
Inc is
$9.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           -0.01          Missed
 Mar. 31 2023      0.08           0.05           Missed
 Dec. 31 2022      0.07           0.09           Beat
 Sep. 30 2022      0.08           0.06           Missed