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

Vislink Technologies

14/08/2024 14:32

* Vislink Technologies Inc  VISL.OQ  reported a quarterly
adjusted
loss of 93 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $-1.27.  The lone analyst forecast for the
quarter was for a loss of 50 cents per share. 
    * Revenue rose 72.6% to $8.70 million from a year ago;
analysts
expected $8.57 million. 
    * Vislink Technologies Inc's reported EPS for the quarter
was a
loss of 93 cents​.
    * The company reported a quarterly loss of $2.27 million.
    * Vislink Technologies Inc shares had risen by 55.6% this
quarter and gained 74.5% 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
communications &
networking peer group is also "buy"

Wall Street's median 12-month price target for Vislink
Technologies Inc is $12.00 
This summary was machine generated from LSEG data August 14 at
01:31 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
 Jun. 30 2024      -0.50          -0.93          Missed