Digi Power X Inc reports results for the quarter ended June 30 - Earnings Summary

• Digi Power X Inc DGX.V reported a quarterly adjusted loss of 28 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -16 cents. The lone analyst forecast for the quarter was for a loss of 35 cents per share.

• Revenue fell 12.1% to $8.11 million from a year ago; analysts expected $7.80 million.

• Digi Power X Inc's reported EPS for the quarter was a loss of 28 cents​.

• The company reported a quarterly loss of $10.39 million.

• Digi Power X Inc shares had risen by 0.4% this quarter and gained 88.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 18.6% 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," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Digi Power X Inc is $2.50, about 12.8% below its last closing price of $2.82

This summary was machine generated from LSEG data August 15 at 04:54 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)