Quotient Technology Inc reports results for the quarter ended in March - Earnings Summary

Quotient Technology

09/05/2023 23:05

* Quotient Technology Inc  QUOT.N  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended in March. The
mean expectation of two analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue fell 24.5% to $59.27 million from a year ago;
analysts
expected $60.03 million. 
    * Quotient Technology Inc's reported EPS for the quarter was
a
loss of 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 116.7% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Quotient Technology Inc shares had fallen by 11.6% this
quarter and lost 15.5% so far this year.
    * The company reported a quarterly loss of $17.67 million.
    * Wall Street's median 12-month price target for Quotient
Technology Inc is $3.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.06          -0.18          Missed
 Dec. 31 2022      0.00                          
                                  -0.07          
 Jun. 30 2022      -0.13          -0.45          Missed