Omniq Corp reports results for the quarter ended in December - Earnings Summary

Omniq

02/04/2024 24:26

* Omniq Corp  OMQS.OQ  reported a quarterly adjusted loss
of 37
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -53
cents.  The lone analyst forecast for the quarter was for a loss
of 26 cents per share. 
    * Revenue fell 38.2% to $15.45 million from a year ago;
analysts
expected $16.35 million. 
    * Omniq Corp's reported EPS for the quarter was a loss of
$2.12​.
    * The company reported a quarterly loss of $17.8 million.
    * Omniq Corp shares had held steady so far this quarter and
lost 17.7% so far this year.

FORECAST CHANGES
    * 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." 
    * Wall Street's median 12-month price target for Omniq Corp
is
$6.00 

This summary was machine generated from LSEG data April 1 at
11:26 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
 Dec. 31 2023      -0.26          -0.37          Missed
 Sep. 30 2023      -0.23          -0.55          Missed
 Jun. 30 2023      -0.35          -0.49          Missed
 Mar. 31 2023      -0.32          -0.45          Missed