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

Vislink Technologies

14/11/2024 20:59

* Vislink Technologies Inc  VISL.OQ  reported a quarterly
adjusted
loss of $1.22​​ per share for the quarter ended September 30. 
The lone analyst forecast for the quarter was for a loss of 73
cents per share. 
    * Revenue fell 1.6% to $7.07 million from a year ago;
analysts
expected $8.47 million. 
    * Vislink Technologies Inc's reported EPS for the quarter
was a
loss of $1.22​.
    * The company reported a quarterly loss of $3.01 million.
    * Vislink Technologies Inc shares had risen by 6.5% this
quarter and gained 70.1% 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 9.00 
This summary was machine generated from LSEG data November 14 at
08:58 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      -0.73          -1.22          Missed
 Jun. 30 2024      -0.50          -0.93          Missed