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

WM Technology

09/08/2023 07:07

* WM Technology Inc  MAPS.OQ  reported quarterly adjusted
earnings
of 1 cent​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 12.8% to $50.85 million from a year ago;
analysts
expected $47.83 million. 
    * WM Technology Inc's reported EPS for the quarter was 1
cent​.
    * 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. 
    * WM Technology Inc shares had risen by 43.3% this
quarter and
gained 18.8% so far this year.
    * The company reported quarterly net income of $1.23
million.
    * Wall Street's median 12-month price target for WM
Technology Inc
is $2.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 06:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.03          0.01           Beat
 Mar. 31 2023      -0.04          -0.03          Beat
 Dec. 31 2022      -0.13          -1.19          Missed
 Sep. 30 2022      -0.06          -0.06          Met