CSIMarket
 
Cyngn Inc   (CYN)
Other Ticker:  
 
 
Price: $0.1587 $0.00 -0.812%
Day's High: $0.169 Week Perf: -3.23 %
Day's Low: $ 0.16 30 Day Perf: -22.21 %
Volume (M): 2,086 52 Wk High: $ 1.52
Volume (M$): $ 331 52 Wk Avg: $0.61
Open: $0.17 52 Wk Low: $0.12



 Market Capitalization (Millions $) 6
 Shares Outstanding (Millions) 38
 Employees 3,570
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) -23
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 2

Cyngn Inc

City National Corporation, a Delaware corporation organized in 1968, is a bank holding company and a financial holding company under the Gramm-Leach-Bliley Financial Modernization Act of 1999 (the "GLB Act"). The Corporation provides a wide range of banking, investment and trust services to its clients through its wholly-owned banking subsidiary, City National Bank (the "Bank" and together with the Corporation, its subsidiaries and its asset management affiliates the "Company"). The Bank, which has conducted business since 1954, is a national banking association headquartered in Los Angeles, California and operates through 75 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay area, Nevada, New York City, Nashville, Tennessee and Atlanta, Georgia.

The Company had four consolidated asset management affiliates in which it held a majority ownership interest. The Company also had one unconsolidated subsidiary, Business Bancorp Capital Trust I. The Company provides comprehensive financial solutions to affluent individuals, entrepreneurs, professionals, their businesses and their families. The Company provides a premier banking and financial experience through an uncommon dedication to extraordinary service, proactive advice and complete financial solutions.



   Company Address: 1015 O?Brien Dr. Menlo Park 94025 CA
   Company Phone Number: 924-5905   Stock Exchange / Ticker: NASDAQ CYN
   


Customers Net Income fell by CYN's Customers Net Profit Margin fell to

-6.2 %

12.76 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC        0.14% 
C        2.05% 
ET        3.66% 
JPM        1.49% 
PRU        1.2% 
WFC        0.28% 
• View Complete Report
   



Cyngn Inc

Cyngn Inc. Shines with Impressive Performance during the Latest Fiscal Period

a financial analyst specializing in the technology sector, I closely followed Cyngn Inc.'s recent financial results, which were released for the financial span ending September 30, 2023. The company's earnings report revealed a mixed bag of results, but more importantly, it demonstrated Cyngn's resilience and ability to outperform its industry counterparts.
Starting with the earnings per share, Cyngn Inc. showed a significant improvement, decreasing its loss from $-0.16 per share in the previous year to $-0.14 per share. This affirms the company's commitment to cost management and efficiency, even amidst challenging market conditions. Moreover, the company increased its income per share from $-0.19 to $-0.14 compared to the previous quarter, indicating progress in narrowing its losses.

Cyngn Inc

Cyngn Inc's Impressive Revenue Growth Shakes Up Cloud Computing & Data Analytics Sector in Q2 2023, Despite Profits Struggles


As I analyze the financial results of Cyngn Inc, a leading Cloud Computing & Data Analytics company, it is evident that despite posting impressive revenue growth year-on-year, they have faced challenges in managing profitability. In the second quarter of 2023, Cyngn Inc reported a solid revenue advance of $0.55 million, a stark contrast to their counterparts in the Cloud Computing & Data Analytics sector who only managed a 0.76% increase in the same period.
However, it is concerning to note that Cyngn Inc's earnings per share have taken a hit, with the deficit per share increasing to $-0.19 from $-0.17 in the previous reporting season. This decline in profitability is accentuated by a staggering 36.875% drop in revenue to $0.87 million in comparison to the previous year.

Cyngn Inc

Cyngn Inc Faces Concerning Trends and Lagging Performance in First Quarter of 2023

Investors looking to make a profit on the stock market and considering investing in Cyngn Inc should reconsider their decision as the company has exhibited concerning trends in recent months. Despite growth in revenue per employee, the company?s overall ranking has deteriorated since the fourth quarter of 2022. Additionally, 439 other companies in the technology sector have achieved higher revenue per employee than Cyngn Inc, suggesting that the company is lagging behind its peers.
The company?s financial performance in the January to March 31 2023 time-frame was also disappointing, with a deficit per share of $-0.17 compared to $-0.14 a year ago. The deficit has also grown from $-0.08 per share from the preceding financial reporting period. The revenue has remained unscathed at $0.87 million from $0.00 million in the corresponding financial reporting period a year ago, but sequentially, revenue doubled by 239.185% from $0.26 million.
Furthermore, Cyngn Inc realized a net deficit of $-5.629 million for the January to March 31 2023 time-frame, a significant increase from $-3.819 million a year ago. The company?s financial performance does not seem to be improving, and investors should be cautious before investing in the Cyngn Inc stock.






 

Cyngn Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com