Sonic Foundry Inc expected to post a loss of 39 cents a share - Earnings Preview

Sonic Foundry

04/12/2023 21:17

* Sonic Foundry Inc  SOFO.OQ   SOFO.O  is expected to show a
fall
in quarterly revenue when it reports  results  for the period
ending June 30 2023
    * The Madison Wisconsin-based  company is expected to report
a
10.8% decrease in revenue to $5.8 million from $6.51 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Sonic Foundry Inc is for
a
loss of 39 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sonic
Foundry Inc
is $2.00​, above​ its last closing price of $0.37. ​​​

This summary was machine generated December 4 at 21:17 GMT.  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)