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Research Frontiers Inc. (REFR)
NASDAQ:REFR
Holding REFR?
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -20.57%
|Next Earnings Date:Aug 13, 2018
Earnings Call Sentiment|Positive
The earnings call reflects strong performance and growth in key markets like automotive and aircraft, with significant revenue increases and cost reductions. However, there are challenges with competitive technologies and lagging growth in the architectural market. The company maintains a strong financial position and is optimistic about future opportunities.Company Guidance
In the third quarter of 2024, Research Frontiers reported a significant increase in revenues driven by a 115% growth in royalty income, particularly in the automotive and aircraft markets. Over the first nine months of the year, royalty income rose by 93%, attributed to double-digit growth in the aircraft and architectural sectors and triple-digit growth in the automotive market. The company achieved its seventh consecutive quarter of revenue growth, with expenses reduced by $92,000 for the quarter and over $150,000 for the nine months. This resulted in the quarterly net loss being one-third of the previous year and half for the full nine months, translating to near breakeven per share for the quarter and $0.02 per share for the full period. Maintaining a debt-free status with over $1.65 million in cash, the company anticipates double-digit revenue growth for the year and does not expect to require additional capital in the near term.Significant Revenue Growth
Royalty income grew over 115% compared to Q3 last year, with triple-digit growth in the automotive and aircraft markets. For the first 9 months of 2024, royalty income rose by over 93% compared to the same period last year.
Cost Reductions
Expenses were reduced by $92,000 in Q3 alone and by over $150,000 over the 9 months, contributing to a reduced quarterly net loss to 1/3 of last year and about half for the 9 months.
Automotive Market Expansion
The company is on track to almost double the number of roofs sold to Ferrari and triple the number sold to McLaren compared to last year. New car models with SPD Smart Glass are expected in 2025.
Aircraft Market Growth
Achieved higher revenues with double-digit growth in Q2 and triple-digit growth in Q3. Larger aircraft from Boeing and Airbus are now using SPD technology.
Strong Cash Position
The company remains debt-free with over $1.65 million in cash, providing more than 5 years of operational runway.
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REFR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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REFR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $2.09 | $2.29 | +9.57% |
| Aug 01, 2024 | $1.90 | $1.86 | -2.11% |
| May 09, 2024 | $2.00 | $2.07 | +3.50% |
| Mar 07, 2024 | $1.13 | $1.32 | +16.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Research Frontiers Inc. (REFR) report earnings?
Research Frontiers Inc. (REFR) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Research Frontiers Inc. (REFR) earnings time?
Research Frontiers Inc. (REFR) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REFR EPS forecast?
Currently, no data Available
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