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

• OneStream Inc OS.OQ reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of eighteen analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 2 cents per share.

• Revenue rose 25.6% to $147.59 million from a year ago; analysts expected $141.02 million.

• OneStream Inc's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $18.43 million.

• OneStream Inc shares had fallen by 17.3% this quarter and lost 18.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 32.7% 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 19 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for OneStream Inc is $32.00, about 30.6% above its last closing price of $22.22

This summary was machine generated from LSEG data August 8 at 03:56 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)