Sphere 3D (NASDAQ:ANY – Get Free Report) is projected to post its results before the market opens on Monday, August 17th. Analysts expect the company to post earnings of ($0.71) per share and revenue of $3.00 million for the quarter.
Sphere 3D (NASDAQ:ANY – Get Free Report) last released its earnings results on Friday, May 8th. The technology company reported ($1.18) EPS for the quarter, missing the consensus estimate of ($0.72) by ($0.46). The firm had revenue of $1.92 million during the quarter, compared to analyst estimates of $2.90 million. Sphere 3D had a negative net margin of 163.45% and a negative return on equity of 78.14%.
Sphere 3D Price Performance
ANY stock opened at $2.10 on Monday. Sphere 3D has a twelve month low of $1.08 and a twelve month high of $12.60. The company has a market cap of $18.10 million, a P/E ratio of -0.60 and a beta of 3.47. The business has a fifty day moving average of $2.68 and a 200-day moving average of $2.05.
Institutional Investors Weigh In On Sphere 3D
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised Sphere 3D from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
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About Sphere 3D
Sphere 3D Corporation is a technology company specializing in virtualization, containerization and data management solutions. The company develops software and appliance-based offerings designed to simplify the deployment, mobility and orchestration of applications and data across on-premises, private cloud and public cloud environments. Its platforms enable organizations to consolidate IT infrastructure, improve resource utilization and accelerate application delivery without extensive re-engineering of legacy systems.
Among its key products is the Glassware platform, which allows enterprises to containerize Windows and Linux applications for delivery to virtually any endpoint without needing native software installs.
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