CYNGN Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters

Mar 06, 2025

CYNGN Inc reports results for the quarter ended December 31 - Earnings Summary

CYNGN Inc CYN.OQ reported a quarterly adjusted loss of $505.03 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1,800.00. The lone analyst forecast for the quarter was for a loss of $481.50 per share.
Revenue rose 658.2% to $306.00 thousand from a year ago; analysts expected $400.00 thousand.
CYNGN Inc's reported EPS for the quarter was a loss of $910.36.
The company reported a quarterly loss of $12.04 million.
CYNGN Inc shares had fallen by 95.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

This summary was machine generated from LSEG data March 6 at 09:32 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Dec. 31 2024	-4.81 hundred	-5.05 hundred	Missed
Sep. 30 2024	-5.35 hundred	-4.11 hundred	Beat
Jun. 30 2024	-1.20 thousand	-6.16 hundred	Beat
Mar. 31 2024	-9.00 hundred	-1.20 thousand	Missed

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The lone analyst forecast for the quarter was for a loss of $481.50 per share. </p></li><li><p>Revenue rose 658.2% to $306.00 thousand from a year ago; analysts expected $400.00 thousand. </p></li><li><p>CYNGN Inc's reported EPS for the quarter was a loss of $910.36.</p></li><li><p>The company reported a quarterly loss of $12.04 million.</p></li><li><p>CYNGN Inc shares had fallen by 95.0% this quarter.</p></li></ul><p>FORECAST CHANGES</p><ul><li><p>The mean earnings estimate of analysts had fallen by about 5.4% in the last three months. </p></li><li><p>In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.</p></li></ul><p>RECOMMENDATIONS</p><ul><li></li></ul><p>This summary was machine generated from LSEG data March 6 at 09:32 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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The lone analyst forecast for the quarter was for a loss of $481.50 per share. </p></li><li><p>Revenue rose 658.2% to $306.00 thousand from a year ago; analysts expected $400.00 thousand. </p></li><li><p>CYNGN Inc's reported EPS for the quarter was a loss of $910.36.</p></li><li><p>The company reported a quarterly loss of $12.04 million.</p></li><li><p>CYNGN Inc shares had fallen by 95.0% this quarter.</p></li></ul><p>FORECAST CHANGES</p><ul><li><p>The mean earnings estimate of analysts had fallen by about 5.4% in the last three months. </p></li><li><p>In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.</p></li></ul><p>RECOMMENDATIONS</p><ul><li></li></ul><p>This summary was machine generated from LSEG data March 6 at 09:32 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p><table><tbody><tr><td><p>QUARTER ENDING</p></td><td><p>ESTIMATE </p></td><td><p>ACTUAL</p></td><td><p>BEAT, MET, MISSED</p></td></tr><tr><td><p>Dec. 31 2024 </p></td><td><p>-4.81 hundred</p></td><td><p>-5.05 hundred</p></td><td><p>Missed</p></td></tr><tr><td><p>Sep. 30 2024 </p></td><td><p>-5.35 hundred</p></td><td><p>-4.11 hundred</p></td><td><p>Beat</p></td></tr><tr><td><p>Jun. 30 2024 </p></td><td><p>-1.20 thousand</p></td><td><p>-6.16 hundred</p></td><td><p>Beat</p></td></tr><tr><td><p>Mar. 31 2024 </p></td><td><p>-9.00 hundred</p></td><td><p>-1.20 thousand</p></td><td><p>Missed</p></td></tr></tbody></table></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CYN","symbol_name":"Cyngn Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250306:nL5N3PP0OH:1","article_id":"2517134853","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517134853","pubTimestamp":1741253527,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CYNGN Inc reports results for the quarter ended December 31 - Earnings SummaryCYNGN Inc CYN.OQ reported a quarterly adjusted loss of $505.03 per share for the quarter ended December 31, higher than th","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CYN":"Cyngn Inc"},"translate_title":"CYNGN Inc报告截至12月31日的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CYN":0.9},"content_text":"CYNGN Inc reports results for the quarter ended December 31 - Earnings SummaryCYNGN Inc CYN.OQ reported a quarterly adjusted loss of $505.03 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1,800.00.  The lone analyst forecast for the quarter was for a loss of $481.50 per share. Revenue rose 658.2% to $306.00 thousand from a year ago; analysts expected $400.00 thousand. CYNGN Inc's reported EPS for the quarter was a loss of $910.36.The company reported a quarterly loss of $12.04 million.CYNGN Inc shares had fallen by 95.0% this quarter.FORECAST CHANGESThe mean earnings estimate of analysts had fallen by about 5.4% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.RECOMMENDATIONSThis summary was machine generated from LSEG data March 6 at 09:32 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)QUARTER ENDINGESTIMATE ACTUALBEAT, MET, MISSEDDec. 31 2024 -4.81 hundred-5.05 hundredMissedSep. 30 2024 -5.35 hundred-4.11 hundredBeatJun. 30 2024 -1.20 thousand-6.16 hundredBeatMar. 31 2024 -9.00 hundred-1.20 thousandMissed","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}