Sphere 3D's Q3 Earnings Miss Estimates, Shares Down 28% YTD

Sphere 3D Corp. (ANY) reported a Q3 loss of $0.13 per share, lagging revenue estimates of $2.62 million, a 12.57% miss. The company has underperformed the market this year, with shares down 28%. The Zacks Rank is #3 (Hold), indicating the shares are expected to perform in line with the market in the near future. The current consensus EPS estimate is -$0.11 for the coming quarter and -$0.47 for the current fiscal year.