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

Nogin

22/11/2023 22:56

* Nogin Inc  NOGN.OQ  reported a quarterly adjusted loss of
$1.28​​ per share for the quarter ended in September.  The mean
expectation of three analysts for the quarter was for a loss
of 67 cents per share. Wall Street expected results to range
from -77 cents to -57 cents per share.
    * Revenue was $10.90 million​; analysts expected $11.08
million. 
    * Nogin Inc's reported EPS for the quarter was a loss of
$1.28​.
    * The company reported a quarterly loss of $14.24 million.
    * Nogin Inc shares had fallen by 28.8% this quarter and
lost 97.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.5%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Nogin Inc is
$2.00 
This summary was machine generated from LSEG data November 22 at
10:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.67          -1.28          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