Audience (ADNC) Scheduled to Post Earnings on Thursday
Audience (NASDAQ:ADNC) is set to post its Q313 quarterly earnings results on Thursday, October 31st. Analysts expect Audience to post earnings of ($0.11) per share and revenue of $32.30 million for the quarter. Audience has set its Q3 guidance at (0.13)-(0.09) EPS.Investors that are interested in registering for the company’s conference call can do so using this link.
Audience (NASDAQ:ADNC) last released its earnings data on Thursday, August 1st. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.08. The company had revenue of $45.30 million for the quarter, compared to the consensus estimate of $44.94 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. On average, analysts expect Audience to post $0.38 EPS for the current fiscal year and $0.46 EPS for the next fiscal year.
Audience (NASDAQ:ADNC) opened at 12.26 on Wednesday. Audience has a 52-week low of $5.51 and a 52-week high of $18.90. The stock has a 50-day moving average of $10.7 and a 200-day moving average of $13.39. The company has a market cap of $262.7 million and a price-to-earnings ratio of 19.07.
Several analysts have recently commented on the stock. Analysts at Benchmark Co. downgraded shares of Audience from a “buy” rating to a “hold” rating in a research note to investors on Monday. They now have a $13.00 price target on the stock, down previously from $14.00. On the ratings front, analysts at Chardan Capital upgraded shares of Audience from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, October 8th. They now have a $15.00 price target on the stock, up previously from $9.00. Finally, analysts at TheStreet upgraded shares of Audience from a “sell” rating to a “hold” rating in a research note to investors on Thursday, September 26th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Audience currently has a consensus rating of “Hold” and an average price target of $12.60.
Audience, Inc, is a provider of voice and audio solutions that improve voice quality and the user experience in mobile devices.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.