PodcastOne (NASDAQ:PODC - Get Free Report) posted its earnings results on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02), Zacks reports. The business had revenue of $14.10 million for the quarter, compared to analyst estimates of $12.98 million. PodcastOne had a negative return on equity of 36.83% and a negative net margin of 11.40%.
PodcastOne Stock Performance
Shares of PODC traded down $0.50 during midday trading on Friday, hitting $2.38. 201,434 shares of the stock were exchanged, compared to its average volume of 39,401. PodcastOne has a 52-week low of $1.10 and a 52-week high of $2.94. The stock has a fifty day simple moving average of $2.04 and a 200 day simple moving average of $2.01. The firm has a market cap of $59.14 million, a P/E ratio of -9.50 and a beta of -0.09.
PodcastOne Company Profile
(
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PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.
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