System1 Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters
2025.05.06 22:23
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System1 Inc reported a quarterly adjusted loss of 21 cents per share for the quarter ended March 31, compared to a loss of 16 cents per share in the same quarter last year. Revenue decreased by 12.3% to $74.51 million. Analysts had expected a loss of 35 cents per share and revenue of $69.87 million. The company reported a total loss of $15.88 million. Despite a quarterly share rise of 8.1%, shares have fallen 54.1% this year. The average analyst rating remains "buy" with a 12-month price target of $5.00.

  • System1 Inc (SST.N) reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The lone analyst forecast for the quarter was for a loss of 35 cents per share.

  • Revenue fell 12.3% to $74.51 million from a year ago; analysts expected $69.87 million.

  • System1 Inc’s reported EPS for the quarter was a loss of 21 cents​.

  • The company reported a quarterly loss of $15.88 million.

  • System1 Inc shares had risen by 8.1% this quarter and lost 54.1% so far this year. FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 9.4% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 1 “strong buy” or “buy,” no “hold” and no “sell” or “strong sell.” The average consensus recommendation for the it services & consulting peer group is also “buy”

  • Wall Street’s median 12-month price target for System1 Inc is $5.00 This summary was machine generated from LSEG data May 6 at 10:23 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Mar. 31 2025 -0.35 -0.21 Beat

Dec. 31 2024 -0.23 -0.19 Beat

Sep. 30 2024 -0.29 -0.34 Missed

Jun. 30 2024 -0.42 -0.38 Beat

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