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

• Knightscope Inc KSCP.OQ reported a quarterly adjusted loss of 90 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.50. The mean expectation of three analysts for the quarter was for a loss of $1.20 per share. Wall Street expected results to range from $-1.41 to -82 cents per share.

• Revenue fell 14.2% to $2.75 million from a year ago; analysts expected $2.86 million.

• Knightscope Inc's reported EPS for the quarter was a loss of 90 cents​.

• The company reported a quarterly loss of $6.33 million.

• Knightscope Inc shares had risen by 20.4% this quarter and lost 52.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.9% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

• Wall Street's median 12-month price target for Knightscope Inc is $12.00, about 50.4% above its last closing price of $5.95

This summary was machine generated from LSEG data August 14 at 09:35 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)