Fusion Telecommunications International, Inc. common stock (FSNN) to Release Earnings on Tuesday

Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN) is scheduled to be announcing its earnings results after the market closes on Tuesday, August 14th. Analysts expect the company to announce earnings of ($0.21) per share for the quarter.

Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN) last posted its earnings results on Tuesday, May 15th. The Wireless communications provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The business had revenue of $29.04 million for the quarter, compared to analysts’ expectations of $35.54 million. Fusion Telecommunications International, Inc. common stock had a negative return on equity of 147.98% and a negative net margin of 10.21%. On average, analysts expect Fusion Telecommunications International, Inc. common stock to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

FSNN stock opened at $4.29 on Friday. The company has a market cap of $337.99 million, a P/E ratio of -3.94 and a beta of 1.51. Fusion Telecommunications International, Inc. common stock has a fifty-two week low of $1.66 and a fifty-two week high of $6.63. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.39 and a quick ratio of 1.39.

Several equities research analysts recently weighed in on FSNN shares. ValuEngine upgraded Fusion Telecommunications International, Inc. common stock from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Zacks Investment Research upgraded Fusion Telecommunications International, Inc. common stock from a “sell” rating to a “hold” rating in a research note on Tuesday, July 17th. BidaskClub upgraded Fusion Telecommunications International, Inc. common stock from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 26th. Finally, Dawson James started coverage on Fusion Telecommunications International, Inc. common stock in a research note on Tuesday, July 10th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $5.00.

In other news, Chairman Matthew D. Rosen purchased 10,000 shares of the business’s stock in a transaction on Friday, June 1st. The shares were bought at an average price of $3.80 per share, with a total value of $38,000.00. Following the completion of the transaction, the chairman now directly owns 102,520 shares in the company, valued at approximately $389,576. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 19.10% of the company’s stock.

Fusion Telecommunications International, Inc. common stock Company Profile

Fusion Connect, Inc provides integrated cloud solutions to small, medium, and large businesses. Its proprietary service platform enables the integration of solutions in the cloud, including cloud voice and unified communications, contact center, cloud connectivity, and cloud computing, as well as additional cloud services, such as storage and security.

See Also: Book Value Per Share – BVPS

Earnings History for Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN)

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