Quotient Technology Inc. (NYSE:QUOT) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, QUOT to report 3Q20 loss of $ 0.05 per share.
For the full year, analysts anticipate top line of $ 438.88 million, while looking forward to loss of $ 0.48 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 120.00 million ~ $ 130.00 million
Full Year 2020 topline are forecasted in a range of$ 430.00 million ~ $ 455.00 million
Click Here For More Historical Outlooks Of Quotient Technology Inc.
Previous Quarter Performance
Quotient Technology Inc. reported loss for the second quarter of $ 0.21 per share, from the revenue of $ 83.45 million. The quarterly revenues fell 20.29 percent compared with the same quarter last year. According to street consensus, QUOT was expected to report 2Q20 loss of $ 0.17 per share from revenue of $ 85.98 million. The bottom line results missed street analysts by $ 0.04 or 23.53 percent, at the same time, top line results fell short of analysts by $ 2.53 million or 2.94 percent.
Stock Performance
Shares of Quotient Technology Inc. traded up $ 0.16 or 1.76 percent on Wednesday, reaching $ 9.25 with volume of 371.00 thousand shares. Quotient Technology Inc. has traded high as $ 9.34 and has cracked $ 8.88 on the downward trend
The closing price of $ 9.25, representing a 99.78 % increase from the 52 week low of $ 4.55 and a 20.4 % decrease over the 52 week high of $ 11.42.
The company has a market capital of $ 836.66 million and is part of the Consumer Cyclical sector and Marketing Services industry.
Conference Call
Quotient Technology Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.quotient.com
Quotient Technology Inc., a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners properties. It also operates Quotient Retailer iQ, a digital platform to engage with shoppers across their Websites, mobiles, e-commerce, and social channels.
