From Nasdaq: 2024-11-14 20:50:02

Sphere 3D Corp. (ANY) reported earnings of $0.01 per share, beating estimates. The company surpassed EPS estimates three times in the last four quarters. Revenues were $2.36 million, missing estimates by 52.90%. Shares have dropped 53.6% this year. The company’s future performance will depend on management’s commentary and earnings outlook.

Investors are curious about what’s next for Sphere 3D. The company’s earnings outlook and estimate revisions play a crucial role in determining stock movement. Currently, the estimate revisions trend is mixed, resulting in a Zacks Rank #3 (Hold) for the stock. The stock is expected to perform in line with the market in the near future.

VersaBank (VBNK) is expected to report earnings of $0.27 per share, a decrease of -22.9% year-over-year. Revenues are projected to be $21.66 million, up 0.8% from the previous year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. The company is yet to release its results for the quarter ended October 2024.

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Read more at Nasdaq: Sphere 3D Corp. (ANY) Surpasses Q3 Earnings Estimates