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

WM Technology

10/05/2023 16:21

* WM Technology Inc  MAPS.OQ  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 16.4% to $48.01 million from a year ago;
analysts
expected $47.02 million. 
    * WM Technology Inc's reported EPS for the quarter was a
loss of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 31.6%
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 fallen by 6.7% this
quarter and
lost 21.6% so far this year.
    * The company reported a quarterly loss of $2.48 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 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 03:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.04          -0.03          Beat
 Dec. 31 2022      -0.13          -1.19          Missed
 Sep. 30 2022      -0.06          -0.06          Met
 Jun. 30 2022      -0.05          0.13           Beat