Sito Mobile (SITO) Scheduled to Post Quarterly Earnings on Wednesday

Sito Mobile (NASDAQ:SITO) will be releasing its earnings data after the market closes on Wednesday, May 15th.

Sito Mobile (NASDAQ:SITO) last announced its quarterly earnings data on Friday, March 29th. The Wireless communications provider reported ($0.04) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.04. Sito Mobile had a negative net margin of 42.94% and a negative return on equity of 108.14%. The business had revenue of $11.12 million for the quarter.

Shares of SITO traded up $0.02 during midday trading on Tuesday, reaching $1.92. The stock had a trading volume of 1,347 shares, compared to its average volume of 72,175. Sito Mobile has a 1-year low of $0.74 and a 1-year high of $4.17. The firm has a market capitalization of $49.05 million, a price-to-earnings ratio of -2.83 and a beta of 0.71.

A number of brokerages have recently weighed in on SITO. Zacks Investment Research upgraded shares of Sito Mobile from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 22nd. ValuEngine upgraded shares of Sito Mobile from a “hold” rating to a “buy” rating in a report on Friday, February 22nd. Finally, Craig Hallum set a $3.00 price objective on shares of Sito Mobile and gave the company a “buy” rating in a report on Tuesday, April 2nd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Sito Mobile has a consensus rating of “Buy” and a consensus price target of $6.00.

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Sito Mobile Company Profile

SITO Mobile, Ltd. provides advertisement delivery, measurement and attribution, and consumer insights using its proprietary location-based marketing intelligence platform in the United States and Canada. It offers Ad Placement, which delivers advertisements on behalf of its customers to audiences of existing and prospective consumers in a privacy compliant manner; and advertisements across television, desktop, social media, and digital out of home platforms.

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Earnings History for Sito Mobile (NASDAQ:SITO)

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