Stocks may fall but then those same stocks can go on recoveries as well and hence, investors could consider being on the lookout for such stocks.
One such stock is that of Sonim Technologies Inc (NASDAQ: SONM), which suffered a fall recently but over the past days, the stock has been in recovery mode. In this situation, investors might consider taking a closer look at the company and its business. Back on March 11, the company announced its financial results for the fourth quarter and reported a loss of 10 cents a share.
However, in this regard, it should be noted that the loss was lower than the analysts’ estimates of 16 cents a share. In the year-ago period, Sonim had suffered a loss of as low as 43 cents a share. On the other hand, the company generated revenues to the tune of $15.84 million, which surpassed the analysts’ estimates by as big as 8.83%.
Editor and Computer Expert
A hardcore tech enthusiast and computer expert Uson Abdilazhanov who holds a degree in communications started writing in his personal blogs since 2012. That time he was interested in the technical part of the computer. But now the software aspect plays an important role in his career. Currently, he runs a PC building and repairing shop which helps a lot of designers and gamers who always like to try new things.