Profire Energy, Inc. (NASDAQ:PFIE) is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.02 per share.
Looking ahead, the full year loss are expected at $ 0.06 per share on the revenues of $ 20.20 million.
Previous Quarter Performance
Profire Energy, Inc. disclosed loss for the second quarter of $ 0.02 per share, from the revenue of $ 4.36 million. The consensus estimates are $ 6.70 million in revenue The top line results fell short of analysts by $ 2.34 million or 34.93 percent.
Stock Performance
On Friday, shares of Profire Energy, Inc. has traded high as $ 0.73 and has cracked $ 0.66 on the downward trend, reaching $ 0.73 with volume of 116.20 thousand shares.
According to the previous trading day, closing price of $ 0.73, representing a 9.52 % increase from the 52 week low of $ 0.63 and a 59.88 % decrease over the 52 week high of $ 1.72.
The company has a market capital of $ 34.96 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Profire Energy, Inc., an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry in North America. It assists energy production companies in the production and transportation of oil and natural gas. Its products include PF3100, a burner-management system, which is designed to operate, monitor, control, and manage various complex and multi-faceted oilfield appliances; safety and monitoring devices, such as shut-down and temperature valves, pressure transmitters and switches, burners, pilots, and other combustion related equipment; and chemical-management systems to monitor and manage chemical-injection process to ensure that optimal levels of chemicals are injected.
