Knightscope (NASDAQ:KSCP) Issues Earnings Results, Beats Expectations By $1.10 EPS

Knightscope (NASDAQ:KSCP) announced its quarterly earnings results on Monday. The company reported ($0.78) EPS for the quarter, topping analysts’ consensus estimates of ($1.88) by $1.10, Zacks reports. The business had revenue of $2.81 million for the quarter, compared to the consensus estimate of $2.52 million. During the same quarter in the prior year, the business earned ($16.77) EPS.

Knightscope Stock Down 2.5 %

Shares of KSCP opened at $2.75 on Wednesday. The company has a market capitalization of $9.58 million, a P/E ratio of -0.20 and a beta of 1.58. Knightscope has a one year low of $2.52 and a one year high of $31.50. The business’s 50 day simple moving average is $7.27 and its 200-day simple moving average is $11.11. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. HC Wainwright initiated coverage on Knightscope in a research report on Thursday, January 30th. They set a “buy” rating and a $16.00 target price for the company. Lake Street Capital cut their price objective on Knightscope from $17.00 to $9.00 and set a “buy” rating for the company in a report on Tuesday.

About Knightscope

Knightscope, Inc designs, develops, manufactures, markets, deploys, and supports autonomous security robots (ASR) in the United States. Its products include K3 and K5 ASRs designed to roam a geo-fenced area autonomously by utilizing numerous sensors and lasers, either on a random basis or based on a particular patrolling algorithm to navigate around people, vehicles, and objects in dynamic indoor or outdoor environments; K1, an ASR for used in indoors or outdoors and at ingress/egress points for both people and vehicles; and K7, a multi-terrain ASR.