Fluent Inc reports results for the quarter ended March 31 - Earnings Summary

• Fluent Inc FLNT.OQ reported a quarterly adjusted loss of 39 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -45 cents. The mean expectation of two analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -38 cents to -23 cents per share.

• Revenue fell 16.3% to $55.21 million from a year ago; analysts expected $57.29 million.

• Fluent Inc's reported EPS for the quarter was a loss of 39 cents​.

• The company reported a quarterly loss of $8.27 million.

• Fluent Inc shares had risen by 7.8% this quarter and lost 6.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 32.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is "buy."

• Wall Street's median 12-month price target for Fluent Inc is $3.50

This summary was machine generated from LSEG data May 15 at 09:00 p.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)