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

Fluent

09/08/2022 23:01

* Fluent Inc  FLNT.OQ  reported a quarterly adjusted loss
of 70
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 34% to $98.36 million from a year ago;
analysts
expected $87.63 million. 
    * Fluent Inc's reported EPS for the quarter was a loss of 70
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Fluent Inc shares had risen by 23.5% this quarter and
lost 26.1%
so far this year.
    * The company reported a quarterly loss of $56.94 million.
    * Wall Street's median 12-month price target for Fluent Inc
is
$3.75 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.01          -0.70          Missed
 Mar. 31 2022      -0.03          -0.02          Beat
 Dec. 31 2021      0.03           0.05           Beat
 Sep. 30 2021      -0.01          -0.03          Missed