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

Usio

15/08/2024 05:25

* Usio Inc  USIO.OQ  reported quarterly breakeven results​​
per
share for the quarter ended in June, lower than the same quarter
last year, when the company reported EPS of 1 cents.  The mean
expectation of four analysts for the quarter was for a loss of
one cent per share. Wall Street expected results to range from
-2 cents to 1 cents per share.
    * Revenue fell 5.6% to $20.08 million from a year ago;
analysts
expected $19.91 million. 
    * Usio Inc's reported EPS for the quarter was breakeven
results​.
    * The company reported quarterly net income of $75 thousand.
    * Usio Inc shares had fallen by 3.0% this quarter and
lost 13.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 137.5% 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 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Usio Inc is $6.00
This summary was machine generated from LSEG data August 15 at
04:25 a.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
 Jan. 1 0001       -0.01          0.00           Beat
 Mar. 31 2024      0.01           -0.01          Missed
 Dec. 31 2023      0.00           0.00           Met
 Sep. 30 2023      0.00           -0.04          Missed