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

Sonic Foundry

11/05/2023 22:59

* Sonic Foundry Inc  SOFO.OQ  reported a quarterly adjusted
loss
of 28 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 36 cents per
share.
    * Revenue was $5.74 million​; analysts expected $5.50
million. 
    * Sonic Foundry Inc's reported EPS for the quarter was a
loss
of 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 33.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * The company reported a quarterly loss of $3.38 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 May
11 at 09:59 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.36          -0.28          Beat
 Dec. 31 2022      -0.31          -0.38          Missed
 Sep. 30 2022      -0.29          -0.25          Beat