Published on 14 Feb 2023 on Zacks via Yahoo Finance
Absolute Software Corporation (ABST) Reports Q2 Loss, Lags Revenue Estimates
Absolute Software Corporation (ABST) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -244.44%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.18, delivering a surprise of -157.14%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.