Ideanomics Inc reports results for the quarter ended in December - Earnings Summary

IDEX Wind Down

30/03/2023 14:06

* Ideanomics Inc  IDEX.OQ  reported a quarterly adjusted
loss
of 30 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 8 cents
per share.
    * Revenue fell 35% to $17.07 million from a year ago;
analysts
expected $48.80 million. 
    * Ideanomics Inc's reported EPS for the quarter was a loss
of 30
cents​.
    * 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. 
    * Ideanomics Inc shares had fallen by 26.7% this quarter.
    * The company reported a quarterly loss of $157 million.
    * Wall Street's median 12-month price target for Ideanomics
Inc is
$1.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 01:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.08          -0.30          Missed
 Sep. 30 2022      -0.05          -0.08          Missed
 Jun. 30 2022      -0.06          -0.08          Missed
 Mar. 31 2022      -0.06          -0.06          Met