CUI Global Reports Third Quarter 2019 Financial Results

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Go back to CUI Global Reports Third Quarter 2019 Financial Results

CUI Global (CUI) Misses Q3 EPS by 7c, Revenues Miss

November 12, 2019 4:20 PM EST

CUI Global (NASDAQ: CUI) reported Q3 EPS of ($0.11), $0.07 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $6.1 million versus the consensus estimate of $16.95 million.

Total revenues were $6.1 million compared to $5.2 million;Gross profit was $1.4 million compared to $1.3 million;Gross margin was 23.4% compared to 25.6%;Operating loss was $3.7 million compared to an operating loss of $3.3 million.

"Our third quarter results reflect continued strength in... More