Knightscope Inc reports results for the quarter ended in March - Earnings Summary

Knightscope

16/05/2024 12:52

* Knightscope Inc  KSCP.OQ  reported a quarterly adjusted
loss
of 8 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of -6 cents.  The lone analyst forecast for the quarter was
for a loss of 6 cents per share. 
    * Revenue fell 22.2% to $2.25 million from a year ago;
analysts
expected $3.30 million. 
    * The company reported a quarterly loss of $7.59 million.
    * Knightscope Inc shares had fallen by 15.1% this
quarter and
lost 29.3% so far this year.

FORECAST CHANGES
    * 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.

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
communications &
networking peer group is also "buy"

Wall Street's median 12-month price target for Knightscope Inc
is $4.25 
This summary was machine generated from LSEG data May 16 at
11:51 a.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
 Mar. 31 2024      -0.06          -0.08          Missed
 Dec. 31 2023      -0.06          -0.07          Missed
 Sep. 30 2023      -0.09          -0.11          Missed
 Jun. 30 2023      -0.11          -0.08          Beat