Srax Inc Reports Results For The Quarter Ended In June: Earnings Summary

SRAX

16/08/2021 17:00

* SRAX Inc  SRAX.OQ  reported a quarterly adjusted loss of 21
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of one cents per share.
* Revenue rose 559% to $7.68 million from a year ago;  analysts
expected $6.90 million. 
* SRAX Inc's reported EPS for the quarter was a loss of 21
cents​.
* The mean earnings estimate of analysts had risen by
about 115.6% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* SRAX Inc shares had fallen by 29.0% this quarter and
gained 24.1% so far this year.
* The company reported a quarterly loss of $5.74 million.
* Wall Street's median 12-month price target for SRAX Inc is
$10.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 16 at 03:59 p.m.  ​All
figures in US dollars unless otherwise stated