Interlink Electronics Inc reports results for the quarter ended in January - Earnings Summary

Interlink Electronics

08/08/2024 22:02

* Interlink Electronics Inc  LINK.OQ  reported a quarterly
adjusted loss of 4 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 3 cents.  The lone analyst forecast for the
quarter was for a loss of 10 cents per share. 
    * Revenue fell 28.4% to $2.90 million from a year ago;
analysts
expected $3.04 million. 
    * Interlink Electronics Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The company reported a quarterly loss of $407 thousand.
    * Interlink Electronics Inc shares had risen by 5.0% this
quarter and lost 50.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 66.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Interlink
Electronics Inc is $7.00 
This summary was machine generated from LSEG data August 8 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.10          -0.04          Beat
 Mar. 31 2024      -0.07          -0.09          Missed
                                  -0.02