Knightscope (NASDAQ:KSCP) Posts Earnings Results, Beats Estimates By $1.10 EPS

Knightscope (NASDAQ:KSCP) posted its earnings results on Monday. The company reported ($0.78) earnings per share for the quarter, beating 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 in the previous year, the firm posted ($16.77) EPS.

Knightscope Stock Performance

Shares of KSCP stock opened at $2.75 on Wednesday. The company’s fifty day moving average price is $7.27 and its two-hundred day moving average price is $11.11. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75. 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 12 month low of $2.52 and a 12 month high of $31.50.

Wall Street Analyst Weigh In

KSCP has been the topic of a number of recent research reports. HC Wainwright initiated coverage on Knightscope in a research note on Thursday, January 30th. They set a “buy” rating and a $16.00 price objective on the stock. Lake Street Capital decreased their price target on Knightscope from $17.00 to $9.00 and set a “buy” rating for the company in a report on Tuesday.

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.