Ayro Inc Reports Results For The Quarter Ended In March: Earnings Summary

Fabric.AI,

09/05/2023 19:42

* AYRO Inc  AYRO.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 17 cents per
share.
    * Revenue was $113.08 thousand​; analysts expected $300.00
thousand. 
    * AYRO Inc's reported EPS for the quarter was a loss of 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 41.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AYRO Inc shares had fallen by 5.8% this quarter and
gained 34.2%
so far this year.
    * The company reported a quarterly loss of $5.48 million.
    * Wall Street's median 12-month price target for AYRO Inc is
$1.30

This summary was machine generated from LSEG Refinitiv data May
9 at 06:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.17          -0.15          Beat
 Sep. 30 2022      -0.11          -0.15          Missed
 Jun. 30 2022      -0.11          -0.16          Missed