share_log

Research Analysts Issue Forecasts for IDEX Biometrics ASA's Q1 2023 Earnings (NASDAQ:IDBA)

Defense World ·  Feb 27, 2023 02:23

IDEX Biometrics ASA (NASDAQ:IDBA – Get Rating) – Equities researchers at Zacks Small Cap issued their Q1 2023 earnings per share estimates for IDEX Biometrics ASA in a note issued to investors on Thursday, February 23rd. Zacks Small Cap analyst L. Thompson expects that the company will earn ($0.41) per share for the quarter. The consensus estimate for IDEX Biometrics ASA's current full-year earnings is ($1.48) per share. Zacks Small Cap also issued estimates for IDEX Biometrics ASA's Q2 2023 earnings at ($0.39) EPS, Q3 2023 earnings at ($0.39) EPS, Q4 2023 earnings at ($0.29) EPS, FY2023 earnings at ($1.48) EPS and FY2024 earnings at ($0.29) EPS.

Get IDEX Biometrics ASA alerts:

IDEX Biometrics ASA Price Performance

IDEX Biometrics ASA stock opened at $6.09 on Monday. IDEX Biometrics ASA has a 12 month low of $4.60 and a 12 month high of $18.70. The stock's 50 day moving average is $6.90 and its 200-day moving average is $7.05. The company has a current ratio of 4.07, a quick ratio of 3.24 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $94.70 million, a price-to-earnings ratio of -2.91 and a beta of 1.90.

IDEX Biometrics ASA (NASDAQ:IDBA – Get Rating) last released its quarterly earnings data on Wednesday, February 22nd. The company reported ($0.45) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.45). IDEX Biometrics ASA had a negative return on equity of 142.59% and a negative net margin of 819.01%. The firm had revenue of $1.07 million for the quarter, compared to analyst estimates of $1.00 million. During the same quarter in the prior year, the company earned ($1.50) earnings per share.

About IDEX Biometrics ASA

(Get Rating)

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. The company's fingerprint authentication solutions are used primarily in contactless financial payment, access control, and smart cards, as well as card-based devices for the storage of digital currencies.

See Also

  • Get a free copy of the StockNews.com research report on IDEX Biometrics ASA (IDBA)
  • MarketBeat Week in Review – 2/20 – 2/24
  • Carvana Skidding On Revenue Decrease, Heavy Debt Burden
  • What Are Consumer Staples Stocks?
  • Is Rocky Brands Dividend A Good Fit For Your Portfolio?
  • Beyond Meat Stock Is Not Beyond Hope

Receive News & Ratings for IDEX Biometrics ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEX Biometrics ASA and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment