Knightscope (NASDAQ:KSCP) Releases Earnings Results

Knightscope (NASDAQ:KSCP) released its quarterly earnings data on Monday. The company reported ($0.78) earnings per share for the quarter, topping the consensus estimate of ($1.88) by $1.10, Zacks reports. The business had revenue of $2.81 million for the quarter, compared to analyst estimates of $2.52 million. During the same quarter last year, the company earned ($16.77) EPS.

Knightscope Price Performance

Shares of NASDAQ:KSCP opened at $2.75 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The firm’s 50 day moving average is $7.27 and its two-hundred day moving average is $11.11. The firm has a market capitalization of $9.58 million, a P/E ratio of -0.20 and a beta of 1.58. Knightscope has a 52 week low of $2.52 and a 52 week high of $31.50.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on KSCP shares. Lake Street Capital dropped their price target on Knightscope from $17.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday. HC Wainwright initiated coverage on Knightscope in a research note on Thursday, January 30th. They issued a “buy” rating and a $16.00 target price on the stock.

About Knightscope

Knightscope, Inc designs, develops, manufactures, markets, deploys, and supports autonomous security robots (ASR) in the United States. Its products include K3 and K5 ASRs designed to roam a geo-fenced area autonomously by utilizing numerous sensors and lasers, either on a random basis or based on a particular patrolling algorithm to navigate around people, vehicles, and objects in dynamic indoor or outdoor environments; K1, an ASR for used in indoors or outdoors and at ingress/egress points for both people and vehicles; and K7, a multi-terrain ASR.