CounterPath Corp. (NASDAQ:CPAH) – Equities researchers at Cormark dropped their Q3 2017 earnings estimates for CounterPath Corp. in a note issued to investors on Thursday. Cormark analyst H. Mak now anticipates that the brokerage will earn ($0.18) per share for the quarter, down from their previous estimate of ($0.04). Cormark also issued estimates for CounterPath Corp.’s Q4 2017 earnings at ($0.08) EPS, FY2017 earnings at ($0.44) EPS and Q1 2018 earnings at ($0.06) EPS.

Separately, Zacks Investment Research downgraded CounterPath Corp. from a “hold” rating to a “strong sell” rating in a research note on Monday, July 18th.

Shares of CounterPath Corp. (NASDAQ:CPAH) remained flat at $2.07 on Monday. The firm’s market cap is $9.43 million. CounterPath Corp. has a 52 week low of $1.85 and a 52 week high of $5.25. The stock has a 50 day moving average price of $2.16 and a 200-day moving average price of $2.23.

CounterPath Corp. (NASDAQ:CPAH) last posted its quarterly earnings data on Wednesday, September 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.16. CounterPath Corp. had a negative return on equity of 21.83% and a negative net margin of 16.56%. The company had revenue of $3 million for the quarter.

About CounterPath Corp.

CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.

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