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

• Roadzen Inc NASDAQ:RDZN reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported breakeven earnings per share. The lone analyst forecast for the quarter was for a loss of 6 cents per share.

• Revenue rose 41.4% to $16.12 million from a year ago; analysts expected $15.29 million.

• Roadzen Inc's reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $7.25 million.

• Roadzen Inc shares had fallen by 4.1% this quarter and lost 41.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

This summary was machine generated from LSEG data July 3 at 12:01 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 )