Sonic Foundry Inc reports results for the quarter ended in December - Earnings Summary

Sonic Foundry

09/02/2023 23:25

* Sonic Foundry Inc  SOFO.OQ  reported a quarterly adjusted
loss
of 38 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 31 cents
per share.
    * Revenue was $5.01 million​; analysts expected $5.50
million. 
    * Sonic Foundry Inc's reported EPS for the quarter was a
loss
of 38 cents​.
    * The mean earnings estimate of analysts had fallen by
about 55%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sonic Foundry Inc shares had risen by 21.5% this quarter.
    * The company reported a quarterly loss of $4.39 million.
    * Wall Street's median 12-month price target for Sonic
Foundry Inc
is $3.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 11:24 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.31          -0.38          Missed
 Sep. 30 2022      -0.29          -0.25          Beat