ParkerVision, Inc. (NASDAQ:PRKR) Set to Announce Quarterly Earnings on Monday

ParkerVision, Inc. (NASDAQ:PRKR) is set to announce its earnings results after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of ($0.24) per share for the quarter.

ParkerVision (NASDAQ:PRKR) last announced its quarterly earnings results on Monday, May 15th. The semiconductor company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.23) by $0.10. During the same period in the prior year, the business earned ($0.45) earnings per share. On average, analysts expect ParkerVision to post $0.8 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of ParkerVision, Inc. (NASDAQ:PRKR) opened at 1.75 on Friday. ParkerVision, Inc. has a 12 month low of $1.60 and a 12 month high of $6.25. The firm’s 50-day moving average price is $1.82 and its 200 day moving average price is $2.06. The firm’s market capitalization is $30.97 million.

A number of research analysts have recently issued reports on PRKR shares. Ladenburg Thalmann Financial Services reiterated a “buy” rating and set a $12.00 price target on shares of ParkerVision in a research note on Tuesday, June 13th. Zacks Investment Research upgraded shares of ParkerVision from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 24th.

A hedge fund recently raised its stake in ParkerVision stock. Vanguard Group Inc. boosted its position in ParkerVision, Inc. (NASDAQ:PRKR) by 23.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 574,253 shares of the semiconductor company’s stock after buying an additional 107,500 shares during the period. Vanguard Group Inc. owned about 3.24% of ParkerVision worth $1,028,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 13.02% of the company’s stock.

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About ParkerVision

ParkerVision, Inc is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices.

Earnings History for ParkerVision (NASDAQ:PRKR)

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