Analysts expect Aquantia Corp (NYSE:AQ) to report $0.01 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Aquantia’s earnings. The lowest EPS estimate is $0.00 and the highest is $0.02. Aquantia posted earnings per share of ($0.03) in the same quarter last year, which would indicate a positive year-over-year growth rate of 133.3%. The business is scheduled to announce its next quarterly earnings report on Thursday, February 14th.
According to Zacks, analysts expect that Aquantia will report full-year earnings of $0.01 per share for the current fiscal year, with EPS estimates ranging from $0.00 to $0.02. For the next financial year, analysts anticipate that the company will report earnings of $0.30 per share, with EPS estimates ranging from $0.20 to $0.44. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Aquantia.
Aquantia (NYSE:AQ) last announced its quarterly earnings results on Thursday, October 25th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.01). Aquantia had a negative net margin of 4.45% and a negative return on equity of 6.14%. The business had revenue of $32.90 million during the quarter, compared to analyst estimates of $32.80 million.
NYSE AQ traded down $0.34 on Friday, hitting $8.68. The company’s stock had a trading volume of 208,760 shares, compared to its average volume of 170,977. Aquantia has a 1-year low of $7.08 and a 1-year high of $18.49. The stock has a market cap of $302.54 million and a P/E ratio of -18.08.
Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, and access markets worldwide. Its products include corporate and cloud data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.
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