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

Sphere 3D (NASDAQ:ANYGet Free Report) released its quarterly earnings results on Friday. The technology company reported ($0.29) 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

Shares of NASDAQ:ANY traded down $0.04 during trading hours on Friday, reaching $0.42. The stock had a trading volume of 329,644 shares, compared to its average volume of 576,557. The stock has a market capitalization of $10.66 million, a price-to-earnings ratio of -0.52 and a beta of 3.11. The firm’s 50 day moving average is $0.70 and its 200-day moving average is $0.96. Sphere 3D has a 1 year low of $0.42 and a 1 year high of $1.90.

Analyst Upgrades and Downgrades

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

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About Sphere 3D

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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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