USA Technologies, Inc. (NASDAQ:USAT) is expected to report first quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate first quarter loss of $ 0.05 per share.
Looking ahead, the full year loss are expected at $ 0.07 per share on the revenues of $ 168.83 million.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 170.00 million ~ $ 180.00 million
Click Here For More Historical Outlooks Of USA Technologies, Inc.
Previous Quarter Performance
USA Technologies, Inc. reported loss for the fourth quarter of $ 0.18 per share, from the revenue of $ 32.65 million. The quarterly revenues down 14.60 percent compared with the same quarter last year. Wall street analysts are predicting, USAT to report 4Q20 loss of $ 0.11 per share from revenue of $ 30.93 million. The bottom line results missed street analysts by $ 0.07 or 63.64 percent, at the same time, top line results outshined analysts by $ 1.72 million or 5.56 percent.
Stock Performance
Shares of USA Technologies, Inc. traded up $ 0.10 or 1.19 percent on Wednesday, reaching $ 8.50 with volume of 49.70 thousand shares. USA Technologies, Inc. has traded high as $ 8.50 and has cracked $ 8.40 on the downward trend
The closing price of $ 8.50, representing a 121.05 % increase from the 52 week low of $ 3.80 and a 9.19 % decrease over the 52 week high of $ 9.25.
The company has a market capital of $ 554.42 million and is part of the Technology sector and Software – Infrastructure industry.
USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.
