• Podcastone Inc PODC.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -4 cents to -1 cents per share.

• Revenue rose 11.1% to $15.67 million from a year ago; analysts expected $15.62 million.

• Podcastone Inc's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $461 thousand.

• Podcastone Inc shares had risen by 101.0% this quarter and gained 66.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Podcastone Inc is $5.00, about 18% above its last closing price of $4.10

This summary was machine generated from LSEG data June 24 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)