Analysts expect Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN) to report ($0.09) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Fusion Telecommunications International, Inc. common stock’s earnings, with the highest EPS estimate coming in at ($0.07) and the lowest estimate coming in at ($0.10). Fusion Telecommunications International, Inc. common stock posted earnings of ($0.27) per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 66.7%. The company is scheduled to issue its next quarterly earnings results on Monday, November 12th.

On average, analysts expect that Fusion Telecommunications International, Inc. common stock will report full-year earnings of ($0.51) per share for the current financial year. For the next fiscal year, analysts anticipate that the firm will report earnings of ($0.04) per share, with EPS estimates ranging from ($0.13) to $0.06. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Fusion Telecommunications International, Inc. common stock.

Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN) last released its quarterly earnings results on Tuesday, August 14th. The Wireless communications provider reported ($0.34) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.15). The firm had revenue of $120.80 million during the quarter, compared to analyst estimates of $123.57 million. Fusion Telecommunications International, Inc. common stock had a negative net margin of 13.39% and a negative return on equity of 147.98%.

FSNN has been the topic of a number of recent analyst reports. BidaskClub upgraded shares of Fusion Telecommunications International, Inc. common stock from a “sell” rating to a “hold” rating in a research report on Saturday, August 4th. Zacks Investment Research upgraded shares of Fusion Telecommunications International, Inc. common stock from a “sell” rating to a “hold” rating in a research report on Tuesday, July 17th. Finally, Dawson James started coverage on shares of Fusion Telecommunications International, Inc. common stock in a research report on Tuesday, July 10th. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $6.50.

In other news, insider Jonathan Kaufman sold 113,334 shares of the company’s stock in a transaction that occurred on Monday, August 20th. The shares were sold at an average price of $3.96, for a total transaction of $448,802.64. Following the transaction, the insider now directly owns 26,061 shares in the company, valued at $103,201.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 19.10% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in FSNN. Russell Investments Group Ltd. acquired a new position in shares of Fusion Telecommunications International, Inc. common stock during the second quarter worth approximately $2,809,000. Dimensional Fund Advisors LP lifted its position in shares of Fusion Telecommunications International, Inc. common stock by 673.3% during the first quarter. Dimensional Fund Advisors LP now owns 108,195 shares of the Wireless communications provider’s stock worth $349,000 after purchasing an additional 94,204 shares in the last quarter. KEMPER Corp acquired a new position in shares of Fusion Telecommunications International, Inc. common stock during the second quarter worth approximately $357,000. Northern Trust Corp lifted its position in shares of Fusion Telecommunications International, Inc. common stock by 83.9% during the first quarter. Northern Trust Corp now owns 76,446 shares of the Wireless communications provider’s stock worth $247,000 after purchasing an additional 34,880 shares in the last quarter. Finally, Amtrust Financial Services Inc. acquired a new position in shares of Fusion Telecommunications International, Inc. common stock during the first quarter worth approximately $103,000. Institutional investors own 16.34% of the company’s stock.

NASDAQ:FSNN opened at $3.43 on Friday. Fusion Telecommunications International, Inc. common stock has a 12 month low of $3.31 and a 12 month high of $6.63. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of -4.91.

About Fusion Telecommunications International, Inc. common stock

Fusion Connect, Inc provides integrated cloud solutions to small, medium, and large businesses. Its proprietary service platform enables the integration of solutions in the cloud, including cloud voice and unified communications, contact center, cloud connectivity, and cloud computing, as well as additional cloud services, such as storage and security.

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Earnings History and Estimates for Fusion Telecommunications International, Inc. common stock (NASDAQ:FSNN)

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