IntriCon Corporation (NASDAQ:IIN) electronic components manufacturer, is reporting third quarter earnings results on Monday 9th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.05 per share.
For the full year, analysts predict revenues of $ 96.56 million, while looking forward to loss of $ 0.42 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 110.00 million ~ $ 114.00 million
Click Here For More Historical Outlooks Of IntriCon Corporation
Previous Quarter Performance
IntriCon Corporation announced loss for the second quarter of $ 0.02 per share, from the revenue of $ 23.60 million. The quarterly revenues dropped 19.56 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.29 per share from $ 20.15 million in revenue. The bottom line results beat street analysts by $ 0.27 or 93.10 percent, at the same time, top line results outshined analysts by $ 3.45 million or 17.12 percent.
Stock Performance
On Friday, shares of IntriCon Corporation has traded high as $ 12.42 and has cracked $ 11.98 on the downward trend, reaching $ 12.25 with volume of 9.20 thousand shares.
According to the previous trading day, closing price of $ 12.25, representing a 22.15 % increase from the 52 week low of $ 9.84 and a 38.98 % decrease over the 52 week high of $ 19.70.
The company has a market capital of $ 109.44 million and is part of the Technology sector and Electronic Components industry.
Conference Call
IntriCon Corporation will be hosting a conference call at 5:00 PM eastern time on 9th 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.intricon.com
IntriCon Corporation, together with its subsidiaries, designs, develops, engineers, manufactures, and distributes body-worn devices in the United States, Europe, Asia, and internationally. The company operates in two segments, Body Worn Devices and Hearing Health Direct-To-Consumer. It offers micro-miniature products, microelectronics; micro-mechanical assemblies; high-precision injection-molded plastic components; and assemblies and software solutions for medical biotelemetry devices, hearing healthcare, and professional audio communication devices markets.
