System1 Inc reports results for the quarter ended in June - Earnings Summary

System1

09/08/2023 22:56

* System1 Inc  SST.N  reported a quarterly adjusted loss
of 38
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 41 cents per
share.
    * Revenue fell 33% to $147.24 million from a year ago;
analysts
expected $146.50 million. 
    * System1 Inc's reported EPS for the quarter was a loss
of 38
cents​.
    * The mean earnings estimate of analysts had fallen by
about 78.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * System1 Inc shares had fallen by 46.2% this quarter and
lost 48.4% so far this year.
    * The company reported a quarterly loss of $35.23 million.
    * Wall Street's median 12-month price target for System1 Inc
is
$7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.41          -0.38          Beat
 Mar. 31 2023      -0.24          -0.37          Missed
 Dec. 31 2022      -0.37          -0.30          Beat
 Sep. 30 2022      -0.29          -0.35          Missed