Sigma Additive Solutions, Inc. SASI shares are trading lower on Thursday. The price drop comes a few days after the company reported third-quarter earnings.
What To Know: Sigma Additive Solutions reported financial results after the close of the market on Nov. 13. The company posted a quarterly loss of $1.57 per share, exceeding the analyst consensus estimate of losses of $1.80, a 64.32% increase over losses of $4.40 per share from the same period last year.
The company reported quarterly sales of $141,990, below analyst expectations of $560,000, a 24.57% decrease over sales of $188,250 from the same period last year.
The stock fluctuated moderately in the days following the earnings report, until shares fell over 33% on Thursday.
Related Link: Unity Biotechnology Upgraded - Analyst Highlights Cash Strength & Execution
SASI Price Action: Shares of SASI were down 27.9% at $3.20 at the time of publication, according to Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
