U.S. markets closed
  • S&P Futures

    4,065.00
    -10.50 (-0.26%)
     
  • Dow Futures

    33,996.00
    -27.00 (-0.08%)
     
  • Nasdaq Futures

    12,045.25
    -61.50 (-0.51%)
     
  • Russell 2000 Futures

    1,906.40
    -4.10 (-0.21%)
     
  • Crude Oil

    81.25
    +0.24 (+0.30%)
     
  • Gold

    1,929.60
    -0.40 (-0.02%)
     
  • Silver

    23.99
    -0.03 (-0.12%)
     
  • EUR/USD

    1.0885
    -0.0007 (-0.07%)
     
  • 10-Yr Bond

    3.4930
    +0.0310 (+0.90%)
     
  • Vix

    18.73
    -0.35 (-1.83%)
     
  • GBP/USD

    1.2398
    -0.0009 (-0.07%)
     
  • USD/JPY

    129.6920
    -0.4610 (-0.35%)
     
  • BTC-USD

    22,762.71
    -459.53 (-1.98%)
     
  • CMC Crypto 200

    515.91
    -11.28 (-2.14%)
     
  • FTSE 100

    7,761.11
    +16.24 (+0.21%)
     
  • Nikkei 225

    27,392.49
    +29.74 (+0.11%)
     

Quotient Technology Third Quarter 2022 Earnings: Misses Expectations

Quotient Technology (NYSE:QUOT) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$70.3m (down 48% from 3Q 2021).

  • Net loss: US$7.17m (loss narrowed by 8.6% from 3Q 2021).

  • US$0.074 loss per share (improved from US$0.083 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Quotient Technology Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Online Retail industry in the US.

Performance of the American Online Retail industry.

The company's shares are up 22% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Quotient Technology you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here