Ispire Technology (NASDAQ:ISPR - Get Free Report) is anticipated to issue its Q3 2025 quarterly earnings data before the market opens on Tuesday, May 13th. Analysts expect Ispire Technology to post earnings of ($0.12) per share and revenue of $31.80 million for the quarter.
Ispire Technology (NASDAQ:ISPR - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.07). Ispire Technology had a negative net margin of 15.46% and a negative return on equity of 73.44%. The company had revenue of $26.19 million during the quarter, compared to analyst estimates of $31.80 million. On average, analysts expect Ispire Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Ispire Technology Stock Up 3.1 %
NASDAQ:ISPR traded up $0.09 on Friday, reaching $2.99. The company's stock had a trading volume of 71,571 shares, compared to its average volume of 75,805. Ispire Technology has a 12-month low of $2.50 and a 12-month high of $8.40. The stock has a 50 day moving average price of $3.21 and a 200 day moving average price of $4.58. The firm has a market cap of $170.70 million, a price-to-earnings ratio of -7.29 and a beta of 3.15.
Ispire Technology announced that its Board of Directors has authorized a share buyback plan on Wednesday, January 22nd that allows the company to repurchase $10.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.
Analyst Ratings Changes
Separately, Roth Mkm reiterated a "buy" rating and set a $9.00 price objective on shares of Ispire Technology in a research report on Thursday, March 20th.
Read Our Latest Stock Analysis on ISPR
Institutional Inflows and Outflows
An institutional investor recently raised its position in Ispire Technology stock. Bank of America Corp DE lifted its holdings in Ispire Technology Inc. (NASDAQ:ISPR - Free Report) by 35.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,156 shares of the company's stock after acquiring an additional 4,997 shares during the quarter. Bank of America Corp DE's holdings in Ispire Technology were worth $96,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.00% of the company's stock.
About Ispire Technology
(
Get Free Report)
Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.
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