Sphere 3D Corp. (ANY) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Sphere 3D Corp. (ANY) reported quarterly earnings results on Thursday, Aug-11-2016. The company reported $-0.19 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $-0.18. The company posted revenue of $19.59 million in the period, compared to analysts expectations of $26.66 million. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.15 EPS.

Sphere 3D Corp. opened for trading at $0.93 and hit $0.93 on the upside on Monday, eventually ending the session at $0.9071, with a gain of 0.23% or 0.0021 points. The heightened volatility saw the trading volume jump to 3,36,070 shares. Company has a market cap of $44 M.

Sphere 3D Corp.

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