Benzinga | Nov 11, 2020 08:23AM EST

Sonim Technologies Q3 EPS $(0.10) Beats $(0.19) Estimate, Sales $14.40M Miss $18.17M Estimate

Sonim Technologies (NASDAQ:SONM) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.19) by 47.37 percent. This is a 66.67 percent increase over losses of $(0.30) per share from the same period last year. The company reported quarterly sales of $14.40 million which missed the analyst consensus estimate of $18.17 million by 20.75 percent. This is a 50.09 percent decrease over sales of $28.85 million the same period last year.