Sonim Technologies Inc (SONM)
| Sector • Technology Industry • Communications Equipment |
| Industry • Communications Equipment |
| Sector • Technology |
Looking into fourth quarter of 2022 numbers, SONMs' experienced stellar revenue improvement, smaller deficit
Sonim Technologies Inc reported fourth quarter of 2022 operating loss of $-1.059 million
Published Mar 25 2023
Goran Soko / CSIMarket.com Contributer
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Respectable Revenue improvement in the fiscal fourth quarter of 2022, by 51.39 % to $24.12 million supported to cut losses to $-0.02 per share, from $-0.18 in similar reporting period a year before.In contrast to the Q3 revenue improved by 17.666 % from $20.50 million and EPS improved from $-0.04 per share.
In the fourth quarter of 2022 earnings season Sonim Technologies Inc reported net shortfall of $-1.042 million, instead of deficit of $-11.722 million in the similar reporting period a year ago.
Additionally, the company pointed out also net loss of $-14.09 million and for the fiscal 12 Months 2022, revenue of $69.83 million.
Communications Equipment The company has decreased it's shortfall per share to $-0.49 from $-4.08 in the prior fiscal year, while revenue improved by 27.96 % from $54.57 million a year before.
Sonim Technologies Inc is expected to report next financial results on May 01, 2023.
Other SONM's Earnings Reports
Very decent performance by SONM in the third quarter of 2022 earnings season
Other SONM's Earnings Reports
Very decent performance by SONM in the third quarter of 2022 earnings season