What's Going On With Sigma Additive Solutions Stock Today

Zinger Key Points
  • Sigma Additive Solutions reported an earnings loss of $1.57 per share and revenue of $141,990 for the third-quarter on Nov. 13
  • Shares plunged on Thursday, several days after the company's earnings report

Sigma Additive Solutions, Inc. SASI shares are trading lower on Thursday. The price drop comes a few days after the company reported third-quarter earnings.

What To Know: Sigma Additive Solutions reported financial results after the close of the market on Nov. 13. The company posted a quarterly loss of $1.57 per share, exceeding the analyst consensus estimate of losses of $1.80, a 64.32% increase over losses of $4.40 per share from the same period last year.

The company reported quarterly sales of $141,990, below analyst expectations of $560,000, a 24.57% decrease over sales of $188,250 from the same period last year.

The stock fluctuated moderately in the days following the earnings report, until shares fell over 33% on Thursday.

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SASI Price Action: Shares of SASI were down 27.9% at $3.20 at the time of publication, according to Benzinga Pro

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