USA Technologies, Inc. (NASDAQ:USAT) is reporting fourth quarter earnings results on Thursday 10th September 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.11 per share.
For the full year, analysts predict revenues of $ 161.43 million, while looking forward to loss of $ 0.41 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 175.00 million ~ $ 185.00 million
Click Here For More Historical Outlooks Of USA Technologies, Inc.
Previous Quarter Performance
USA Technologies, Inc. outlined loss for the third quarter of $ 0.11 per share, from the revenue of $ 43.10 million. The quarterly revenues improved 14.48 percent compared with the same quarter last year. According to street consensus, USAT was expected to report 3Q20 loss of $ 0.03 per share from revenue of $ 43.46 million. The bottom line results missed street analysts by $ 0.08 or 266.67 percent, at the same time, top line results fell short of analysts by $ 0.36 million or 0.83 percent.
Stock Performance
Shares of USA Technologies, Inc. traded low $ -0.04 or -0.47 percent on Wednesday, reaching $ 8.41 with volume of 48.70 thousand shares. The stock opened down for the day at $ 8.40, after closing the previous day trading at $ 8.45.
According to the previous trading day, closing price of $ 8.45, representing a 122.37 % increase from the 52 week low of $ 3.80 and a 8.65 % decrease over the 52 week high of $ 9.25.
The company has a market capital of $ 542.93 million and is part of the Technology sector and Software – Infrastructure industry.
USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.
