Adesto Technologies Q3 Adj. EPS $0.03 Beats $0.01 Estimate, Sales $32.03M Miss $33M Estimate

Adesto Technologies (NASDAQ:IOTS) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.01 by 200 percent. This is a 175 percent increase over losses of $(0.04) per share from the

Benzinga · 11/05/2019 21:36

Adesto Technologies (NASDAQ:IOTS) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.01 by 200 percent. This is a 175 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $32.03 million which missed the analyst consensus estimate of $33 million by 2.94 percent. This is a 46.08 percent increase over sales of $21.927 million the same period last year.