Solana Co reports results for the quarter ended June 30 - Earnings Summary
Solana Co reports results for the quarter ended June 30 - Earnings Summary
Solana Co HSDT.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-79.73. The mean expectation of two analysts for the quarter was for a loss of 2 cents per share.
Revenue rose 5,774.4% to $2.53 million from a year ago; analysts expected $3.60 million.
Solana Co's reported EPS for the quarter was a loss of 38 cents.
The company reported a quarterly loss of $30.26 million.
Solana Co shares had risen by 9.1% this quarter and lost 37.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 71.4% 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 "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"
Wall Street's median 12-month price target for Solana Co is $3.50, about 48.6% above its last closing price of $1.80
This summary was machine generated from LSEG data August 14 at 09:02 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 |
Jun. 30 2026 | -0.02 | -0.08 | Missed |
Mar. 31 2026 | -0.48 | -1.03 | Missed |
Sep. 30 2025 | -50.50 | 20.84 | Beat |
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