Sonim (SONM) Reports Q3 Loss, Tops Revenue Estimates
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Sonim (SONM) reported a Q3 loss of $0.52 per share, which was better than the expected loss of $0.66 per share. This is a decline from last year's earnings of $0.10 per share.
November 14, 2024 | 12:30 am
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Sonim reported a Q3 loss of $0.52 per share, better than the expected loss of $0.66, but a decline from last year's $0.10 earnings per share.
The better-than-expected loss per share is a positive sign, but the decline from last year's earnings indicates potential challenges. This mixed result may lead to neutral short-term stock price movement.
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