System1 Inc reports results for the quarter ended September 30 - Earnings Summary

System1

09/11/2024 12:29

* System1 Inc  SST.N  reported a quarterly adjusted loss
of 34
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of -21
cents.  The lone analyst forecast for the quarter was for a loss
of 29 cents per share. 
    * Revenue fell 37.6% to $88.83 million from a year ago;
analysts
expected $86.63 million. 
    * System1 Inc's reported EPS for the quarter was a loss
of 34
cents​.
    * The company reported a quarterly loss of $23.6 million.
    * System1 Inc shares had fallen by 1.8% this quarter and
lost 50.5% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for System1 Inc is
$5.00 
This summary was machine generated from LSEG data November 9 at
12:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.29          -0.34          Missed
 Jun. 30 2024      -0.42          -0.38          Beat
 Mar. 31 2024      -0.51          -0.16          Beat
 Dec. 31 2023      -0.33          -0.21          Beat