Sphere 3D (ANY) to Release Earnings on Monday

Sphere 3D (NASDAQ:ANY) is expected to be posting its quarterly earnings results before the market opens on Monday, May 12th. Analysts expect Sphere 3D to post earnings of ($0.26) per share and revenue of $3.09 million for the quarter.

Sphere 3D (NASDAQ:ANY) last issued its earnings results on Friday, March 28th. The technology company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.02). The firm had revenue of $2.64 million during the quarter, compared to the consensus estimate of $6.72 million. Sphere 3D had a negative return on equity of 49.54% and a negative net margin of 50.87%. On average, analysts expect Sphere 3D to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Sphere 3D Trading Down 4.1 %

Shares of ANY opened at $0.63 on Friday. The company has a market capitalization of $16.49 million, a PE ratio of -0.79 and a beta of 3.64. Sphere 3D has a 12-month low of $0.36 and a 12-month high of $1.90. The business’s 50 day moving average is $0.50 and its 200 day moving average is $0.87.

Wall Street Analysts Forecast Growth

ANY has been the topic of several research analyst reports. HC Wainwright reiterated a “buy” rating and issued a $3.00 price target on shares of Sphere 3D in a research note on Friday, April 4th. StockNews.com began coverage on shares of Sphere 3D in a report on Friday, May 2nd. They set a “sell” rating on the stock.

About Sphere 3D

Sphere 3D Corp. engages in the bitcoin mining business. It is involved with digital asset mining pool operators to provide computing power to the mining pools. The company is based in Stamford, Connecticut.