Datavault AI Inc reports results for the quarter ended December 31 - Earnings Summary

• Datavault AI Inc DVLT.OQ reported a quarterly adjusted loss of $3.47​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-33.00. The mean expectation of two analysts for the quarter was for a loss of $1.62 per share.

• Revenue rose 114.8% to $902.00 thousand from a year ago; analysts expected $900.00 thousand.

• Datavault AI Inc's reported EPS for the quarter was a loss of $3.47​.

• The company reported a quarterly loss of $14.58 million.

• Datavault AI Inc shares had held steady so far this quarter and lost 58.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 129.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "hold."

• Wall Street's median 12-month price target for Datavault AI Inc is $11.00

This summary was machine generated from LSEG data April 1 at 11:39 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)