Sito Mobile (SITO) Set to Announce Quarterly Earnings on Wednesday

Sito Mobile (NASDAQ:SITO) will be announcing its earnings results after the market closes on Wednesday, May 15th.

Sito Mobile (NASDAQ:SITO) last posted its quarterly earnings results on Friday, March 29th. The Wireless communications provider reported ($0.04) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.04. The firm had revenue of $11.12 million during the quarter. Sito Mobile had a negative net margin of 42.94% and a negative return on equity of 108.14%.

NASDAQ SITO opened at $1.90 on Tuesday. The company has a market cap of $48.51 million, a PE ratio of -2.79 and a beta of 0.71. Sito Mobile has a 1-year low of $0.74 and a 1-year high of $4.17.

Several analysts have recently weighed in on SITO shares. ValuEngine raised shares of Sito Mobile from a “hold” rating to a “buy” rating in a report on Friday, February 22nd. Craig Hallum set a $3.00 price objective on shares of Sito Mobile and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Finally, Zacks Investment Research raised shares of Sito Mobile from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 22nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $6.00.

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About Sito Mobile

SITO Mobile, Ltd. provides advertisement delivery, measurement and attribution, and consumer insights using its proprietary location-based marketing intelligence platform in the United States and Canada. It offers Ad Placement, which delivers advertisements on behalf of its customers to audiences of existing and prospective consumers in a privacy compliant manner; and advertisements across television, desktop, social media, and digital out of home platforms.

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Earnings History for Sito Mobile (NASDAQ:SITO)

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