Agora (API) Set to Announce Earnings on Monday

Agora (NASDAQ:API - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Monday, November 25th. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Agora (NASDAQ:API - Get Free Report) last released its quarterly earnings data on Monday, August 19th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.03). Agora had a negative return on equity of 7.32% and a negative net margin of 31.69%. The company had revenue of $34.21 million during the quarter, compared to analysts' expectations of $34.46 million. During the same quarter in the prior year, the company posted ($0.45) EPS. On average, analysts expect Agora to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Agora Stock Performance

Agora stock traded down $0.32 during mid-day trading on Monday, hitting $4.07. The company had a trading volume of 1,155,324 shares, compared to its average volume of 789,883. Agora has a 12-month low of $1.65 and a 12-month high of $6.43. The company has a market capitalization of $375.26 million, a price-to-earnings ratio of -8.85 and a beta of -0.03. The company has a current ratio of 8.29, a quick ratio of 8.29 and a debt-to-equity ratio of 0.04. The company's fifty day moving average is $3.05 and its 200-day moving average is $2.62.

Wall Street Analysts Forecast Growth

Separately, Bank of America lowered Agora from a "buy" rating to a "neutral" rating and decreased their target price for the company from $4.00 to $2.63 in a research report on Tuesday, August 20th.

About Agora

Agora, Inc operates in real-time engagement technology business in the People's Republic of China, the United States, and internationally. The company offers real-time engagement platform-as-a-services providing developers with application programming interfaces to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications.