B. Riley Comments on Inpixon’s Q1 2017 Earnings (INPX)
Inpixon (NASDAQ:INPX) – Investment analysts at B. Riley lowered their Q1 2017 earnings per share (EPS) estimates for Inpixon in a note issued to investors on Tuesday. B. Riley analyst J. Nichols now expects that the technology company will post earnings per share of ($0.87) for the quarter, down from their prior estimate of ($0.21). B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Inpixon’s Q2 2017 earnings at ($0.62) EPS, Q3 2017 earnings at $0.13 EPS, Q4 2017 earnings at ($0.54) EPS and FY2017 earnings at ($1.84) EPS.
Separately, Zacks Investment Research raised Inpixon from a “sell” rating to a “buy” rating and set a $3.25 price target for the company in a report on Thursday, April 6th.
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Shares of Inpixon (NASDAQ:INPX) opened at 2.99 on Friday. Inpixon has a 1-year low of $2.40 and a 1-year high of $11.08. The firm’s market capitalization is $5.32 million. The firm has a 50-day moving average of $3.10 and a 200-day moving average of $3.52.
Inpixon Company Profile
Inpixon, formerly Sysorex Global, provides data analytics and location-based solutions and services to commercial and government customers across the world. The Company operates through four segments: Mobile, IoT & Big Data Products, which includes its AirPatrol product line and on-premise big data appliance product; Storage and Computing, which includes third-party hardware, software and related maintenance/warranty products and services that the Company resells; SaaS Revenues, which provides software-as-a-services or Internet-based hosted services, and Professional Services, which offers general information technology (IT) services.
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