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

Omniq

15/08/2023 06:03

* Omniq Corp  OMQS.OQ  reported a quarterly adjusted loss
of 49
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 fell 15.5% to $20.45 million from a year ago;
analysts
expected $28.60 million. 
    * Omniq Corp's reported EPS for the quarter was a loss of 49
cents​.
    * The mean earnings estimate of analysts had fallen by
about 29.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Omniq Corp shares had fallen by 30.2% this quarter and
lost 35.4% so far this year.
    * The company reported a quarterly loss of $3.87 million.
    * Wall Street's median 12-month price target for Omniq Corp
is
$12.00 
    * 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 15 at 05:03 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.35          -0.49          Missed
 Mar. 31 2023      -0.32          -0.45          Missed
 Dec. 31 2022      -0.40          -0.53          Missed
 Sep. 30 2022      -0.31          -0.52          Missed