Superconductor Technologies (NASDAQ:SCON) posted its earnings results on Thursday. The semiconductor company reported ($0.17) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.06), Bloomberg Earnings reports. The company had revenue of $0.31 million for the quarter, compared to the consensus estimate of $0.14 million. Superconductor Technologies had a negative net margin of 2,145.72% and a negative return on equity of 102.77%.
SCON stock opened at $1.00 on Friday. Superconductor Technologies has a one year low of $0.88 and a one year high of $2.47.
SCON has been the topic of several research analyst reports. ValuEngine cut shares of Superconductor Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, December 31st. Zacks Investment Research cut shares of Superconductor Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th.
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Superconductor Technologies Inc is engaged in developing and commercializing high temperature superconductor (HTS) materials and related technologies. The Company operates through the research, development, manufacture and marketing of high performance products used in cellular base stations segment.
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