Usio Inc reports results for the quarter ended June 30 - Earnings Summary

• Usio Inc USIO.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of four analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents tozero cents per share.

• Revenue fell 0.6% to $19.96 million from a year ago; analysts expected $22.51 million.

• Usio Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $366.65 thousand.

• Usio Inc shares had risen by 23.9% this quarter and gained 29.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 249.9% 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 4 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for Usio Inc is $5.50, about 65.5% above its last closing price of $1.90

This summary was machine generated from LSEG data August 6 at 09:02 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)