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

Near Intelligence

15/08/2023 24:09

* Near Intelligence Inc  NIR.OQ  reported a quarterly
adjusted
loss of 19 cents​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was for a loss
of 35 cents per share.
    * Revenue was $17.71 million​; analysts expected $17.51
million. 
    * Near Intelligence Inc's reported EPS for the quarter was a
loss
of 36 cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Near Intelligence Inc shares had fallen by 60.0% this
quarter and lost 94.5% so far this year.
    * The company reported a quarterly loss of $17.74 million.
    * Wall Street's median 12-month price target for Near
Intelligence
Inc is $5.00 
    * The current average analyst rating on the shares is "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 LSEG Refinitiv data
August 14 at 11:09 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.35          -0.19          Beat