Benzinga | May 11, 2021 04:37PM EDT

Sonim Technologies Q1 EPS $(0.14) Misses $(0.10) Estimate, Sales $12.20M Miss $12.97M Estimate

Sonim Technologies (NASDAQ:SONM) reported quarterly losses of $(0.14) per share which missed the analyst consensus estimate of $(0.10) by 40 percent. This is a 70.83 percent increase over losses of $(0.48) per share from the same period last year. The company reported quarterly sales of $12.20 million which missed the analyst consensus estimate of $12.97 million by 5.94 percent. This is a 3.98 percent decrease over sales of $12.71 million the same period last year.