Sphere 3D (NASDAQ:ANY – Get Free Report) posted its quarterly earnings data on Friday. The technology company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.02), Zacks reports. Sphere 3D had a negative return on equity of 49.54% and a negative net margin of 50.87%. The company had revenue of $2.64 million for the quarter, compared to the consensus estimate of $6.72 million.
Sphere 3D Price Performance
ANY opened at $0.42 on Friday. The company has a market capitalization of $10.66 million, a P/E ratio of -0.52 and a beta of 3.11. The firm’s fifty day moving average price is $0.68 and its two-hundred day moving average price is $0.96. Sphere 3D has a fifty-two week low of $0.41 and a fifty-two week high of $1.90.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on Sphere 3D in a research note on Tuesday, March 25th. They set a “sell” rating on the stock.
About Sphere 3D
Sphere 3D Corp. engages in the bitcoin mining business. It is involved with digital asset mining pool operators to provide computing power to the mining pools. The company is based in Stamford, Connecticut.
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