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

Nogin

14/08/2023 22:55

* Nogin Inc  NOGN.OQ  reported a quarterly adjusted loss of
$1.13​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 90
cents per share.
    * Revenue was $12.74 million​; analysts expected $14.94
million. 
    * Nogin Inc's reported EPS for the quarter was a loss of
$1.13​.
    * The mean earnings estimate of analysts had risen by
about 10% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Nogin Inc shares had fallen by 42.7% this quarter and
lost 95.1%
so far this year.
    * The company reported a quarterly loss of $11.83 million.
    * Wall Street's median 12-month price target for Nogin Inc
is
$3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 09:55 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.90          -1.13          Missed
 Mar. 31 2023      -1.16          -2.11          Missed
 Dec. 31 2022      -1.58          -1.60          Missed