Wrap Technologies Inc reports results for the quarter ended in December - Earnings Summary

Wrap Technologies

01/03/2023 22:52

* Wrap Technologies Inc  WRAP.OQ  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for a loss of 8
cents per share.
    * Revenue rose 43.4% to $3.58 million from a year ago;
analysts
expected $3.27 million. 
    * Wrap Technologies Inc's reported EPS for the quarter was a
loss
of 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Wrap Technologies Inc shares had risen by 36.1% this
quarter.
    * The company reported a quarterly loss of $3.54 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 10:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.08          -0.09          Missed
 Sep. 30 2022      -0.09          -0.09          Met
 Jun. 30 2022      -0.13          -0.12          Beat
 Mar. 31 2022      -0.12          -0.13          Missed