Fusion Telecommunications Int'l, Inc. (NASDAQ:FSNN) – Equities researchers at B. Riley cut their Q2 2017 EPS estimates for Fusion Telecommunications Int'l in a research report issued on Thursday. B. Riley analyst J. Nichols now anticipates that the Wireless communications provider will post earnings per share of ($0.19) for the quarter, down from their previous forecast of ($0.18). B. Riley has a “Buy” rating and a $3.00 price objective on the stock. B. Riley also issued estimates for Fusion Telecommunications Int'l’s FY2017 earnings at ($0.62) EPS and FY2018 earnings at ($0.38) EPS.

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Shares of Fusion Telecommunications Int'l (NASDAQ:FSNN) opened at 1.55 on Monday. Fusion Telecommunications Int'l has a one year low of $0.96 and a one year high of $2.46. The stock’s market capitalization is $32.17 million. The stock’s 50 day moving average is $1.55 and its 200-day moving average is $1.50.

Fusion Telecommunications Int'l (NASDAQ:FSNN) last issued its quarterly earnings results on Monday, March 20th. The Wireless communications provider reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.05. The business had revenue of $28.94 million during the quarter. Fusion Telecommunications Int'l had a negative net margin of 5.63% and a negative return on equity of 111.09%.

Several institutional investors have recently modified their holdings of FSNN. United Capital Financial Advisers LLC increased its position in shares of Fusion Telecommunications Int'l by 256.5% in the first quarter. United Capital Financial Advisers LLC now owns 134,929 shares of the Wireless communications provider’s stock worth $213,000 after buying an additional 97,083 shares in the last quarter. Spears Abacus Advisors LLC increased its position in shares of Fusion Telecommunications Int'l by 763.3% in the third quarter. Spears Abacus Advisors LLC now owns 200,000 shares of the Wireless communications provider’s stock worth $330,000 after buying an additional 176,834 shares in the last quarter. Finally, Unterberg Capital LLC acquired a new position in shares of Fusion Telecommunications Int'l during the fourth quarter worth $5,564,000. Institutional investors own 20.57% of the company’s stock.

Fusion Telecommunications Int'l Company Profile

Fusion Telecommunications International, Inc is a United States-based provider of integrated cloud solutions, including cloud voice, cloud connectivity, cloud infrastructure, cloud computing, and managed cloud-based applications to businesses, and voice over Internet Protocol (VoIP)-based voice services to carriers.

5 Day Chart for NASDAQ:FSNN

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