What is Sidoti’s Estimate for SIFY Q1 Earnings?

Sify Technologies Limited (NASDAQ:SIFY) – Investment analysts at Sidoti issued their Q1 2028 earnings estimates for Sify Technologies in a research note issued on Thursday, July 16th. Sidoti analyst G. Burns forecasts that the technology company will post earnings per share of $0.01 for the quarter. The consensus estimate for Sify Technologies’ current full-year earnings is $0.02 per share.

Sify Technologies (NASDAQ:SIFY) last posted its quarterly earnings results on Wednesday, July 15th. The technology company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.01. The company had revenue of $130.13 million during the quarter, compared to the consensus estimate of $188.23 million. Sify Technologies had a negative net margin of 1.97% and a negative return on equity of 7.24%.

SIFY has been the topic of several other research reports. Wall Street Zen raised Sify Technologies from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Weiss Ratings lowered shares of Sify Technologies from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Sify Technologies Stock Down 4.6%

Shares of SIFY stock opened at $14.01 on Friday. The stock has a fifty day moving average price of $15.80 and a 200 day moving average price of $14.83. Sify Technologies has a 1 year low of $4.84 and a 1 year high of $17.85. The company has a quick ratio of 0.65, a current ratio of 0.74 and a debt-to-equity ratio of 1.23.

Institutional Trading of Sify Technologies

A number of hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Sify Technologies by 59.3% during the 2nd quarter. GAMMA Investing LLC now owns 2,319 shares of the technology company’s stock worth $39,000 after acquiring an additional 863 shares during the period. Parallel Advisors LLC grew its holdings in Sify Technologies by 969.1% in the first quarter. Parallel Advisors LLC now owns 1,935 shares of the technology company’s stock valued at $25,000 after purchasing an additional 1,754 shares during the period. Renaissance Technologies LLC grew its holdings in Sify Technologies by 22.2% in the fourth quarter. Renaissance Technologies LLC now owns 19,800 shares of the technology company’s stock valued at $241,000 after purchasing an additional 3,600 shares during the period. Liontrust Investment Partners LLP increased its position in Sify Technologies by 6.2% during the first quarter. Liontrust Investment Partners LLP now owns 135,109 shares of the technology company’s stock worth $1,728,000 after purchasing an additional 7,850 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in Sify Technologies during the second quarter worth approximately $50,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

About Sify Technologies

Sify Technologies Limited is an India‐based provider of integrated information and communications technology solutions, catering primarily to enterprise and government clients. The company’s core offerings include network services, data center hosting, cloud computing, managed security, unified communications, and digital transformation solutions. Sify’s end-to-end portfolio is designed to support critical IT infrastructure, enabling clients to scale operations, improve reliability, and accelerate technology adoption.

In the networking domain, Sify operates a nationwide IP‐MPLS backbone with extensive fiber infrastructure and a global internet peering footprint.