Analysts See $-0.33 EPS for Net Element, Inc. (NETE)

July 14, 2018 - By Margaret Downey

Net Element, Inc. (NASDAQ:NETE) Logo

Analysts expect Net Element, Inc. (NASDAQ:NETE) to report $-0.33 EPS on August, 13.They anticipate $0.57 EPS change or 63.33 % from last quarter’s $-0.9 EPS. After having $-0.42 EPS previously, Net Element, Inc.’s analysts see -21.43 % EPS growth. The stock increased 2.58% or $0.2 during the last trading session, reaching $7.95. About 71,619 shares traded. Net Element, Inc. (NASDAQ:NETE) has declined 5.52% since July 14, 2017 and is downtrending. It has underperformed by 18.09% the S&P500.

Net Element, Inc. operates as a financial technology and value-added solutions firm worldwide. The company has market cap of $30.71 million. It operates in three divisions: North America Transaction Solutions, Mobile Solutions, and Online Solutions. It currently has negative earnings. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud point of sale platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools.

More notable recent Net Element, Inc. (NASDAQ:NETE) news were published by: Nasdaq.com which released: “NetworkNewsWire Releases Exclusive Audio Interview with Net Element, Inc. (NASDAQ:NETE)” on June 28, 2018, also Prnewswire.com with their article: “Blockchain Leveraging Advancements in Distributed Ledger Technology as Bitcoin and Crypto Markets Appear to be …” published on June 18, 2018, Nasdaq.com published: “NetworkNewsWire Announces Publication on Innovative, Next-Gen Solutions in Burgeoning Global Payments …” on June 14, 2018. More interesting news about Net Element, Inc. (NASDAQ:NETE) were released by: Streetinsider.com and their article: “Net Element (NETE) Announces Increase in Transaction Processing Volume” published on July 11, 2018 as well as Globenewswire.com‘s news article titled: “Net Element Announces Growth in Transaction Processing Volume” with publication date: July 11, 2018.

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