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

Sonic Foundry

11/08/2023 05:59

* Sonic Foundry Inc  SOFO.OQ  reported a quarterly adjusted
loss
of 34 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 34 cents per
share.
    * Revenue was $5.78 million​; analysts expected $7.00
million. 
    * Sonic Foundry Inc's reported EPS for the quarter was a
loss
of 65 cents​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 9.1% this
quarter and
lost 0.8% so far this year.
    * The company reported a quarterly loss of $7.87 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 LSEG Refinitiv data
August 11 at 04:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.34          -0.34          Met
 Mar. 31 2023      -0.36          -0.28          Beat
 Dec. 31 2022      -0.31          -0.38          Missed
 Sep. 30 2022      -0.29          -0.25          Beat