Sphere 3D (NASDAQ:ANY) Announces Earnings Results, Misses Expectations By $0.02 EPS

Sphere 3D (NASDAQ:ANYGet Free Report) released its quarterly earnings data on Friday. The technology company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.02), Zacks reports. Sphere 3D had a negative net margin of 50.87% and a negative return on equity of 49.54%.

Sphere 3D Stock Performance

ANY traded down $0.04 during trading on Friday, hitting $0.42. The stock had a trading volume of 329,644 shares, compared to its average volume of 576,557. The firm has a market capitalization of $10.66 million, a P/E ratio of -0.52 and a beta of 3.11. Sphere 3D has a twelve month low of $0.42 and a twelve month high of $1.90. The company’s 50-day moving average price is $0.70 and its 200 day moving average price is $0.96.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Sphere 3D in a report on Tuesday. They issued a “sell” rating for the company.

Check Out Our Latest Research Report on Sphere 3D

Sphere 3D Company Profile

(Get Free Report)

Sphere 3D Corp. engages in the bitcoin mining business. It is involved with digital asset mining pool operators to provide computing power to the mining pools. The company is based in Stamford, Connecticut.

See Also

Earnings History for Sphere 3D (NASDAQ:ANY)

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