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Ispire Technology Inc. (ISPR) Reports Q3 Loss, Lags Revenue Estimates
ISPRIspire Technology (ISPR) ZACKS·2025-05-09 22:45

Group 1: Earnings Performance - Ispire Technology Inc. reported a quarterly loss of 0.19pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.19 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.12, and compared to a loss of 0.11pershareayearago,indicatinganearningssurpriseof−58.330.11 per share a year ago, indicating an earnings surprise of -58.33% [1] - The company posted revenues of 26.19 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 17.64%, and down from 30.02millioninthesamequarterlastyear[2]−Overthelastfourquarters,IspireTechnologyhassurpassedconsensusEPSestimatesonlyonce[2]Group2:StockPerformanceandOutlook−IspireTechnologyshareshavedeclinedapproximately42.430.02 million in the same quarter last year [2] - Over the last four quarters, Ispire Technology has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Ispire Technology shares have declined approximately 42.4% since the beginning of the year, contrasting with the S&P 500's decline of -3.7% [3] - The current consensus EPS estimate for the upcoming quarter is -0.08 on revenues of 45.2million,andforthecurrentfiscalyear,itis−45.2 million, and for the current fiscal year, it is -0.44 on revenues of $158.2 million [7] - The estimate revisions trend for Ispire Technology is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Group 3: Industry Context - The Technology Services industry, to which Ispire Technology belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]