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

Fluent

14/08/2023 23:33

* Fluent Inc  FLNT.OQ  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for breakeven
results per share.
    * Revenue fell 16.5% to $82.15 million from a year ago;
analysts
expected $86.61 million. 
    * Fluent Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 75% 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 1.2% this quarter and
lost 41.8%
so far this year.
    * The company reported quarterly net income of $1.17
million.
    * Wall Street's median 12-month price target for Fluent Inc
is
$3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 10:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.01           Beat
 Mar. 31 2023      -0.01          -0.39          Missed
 Dec. 31 2022      -0.01          -0.83          Missed
 Sep. 30 2022      0.01           0.04           Beat