SKYX Platforms (SKYX) Projected to Post Quarterly Earnings on Tuesday

SKYX Platforms (NASDAQ:SKYX - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 13th. Analysts expect SKYX Platforms to post earnings of ($0.10) per share and revenue of $20.25 million for the quarter.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last posted its earnings results on Monday, March 24th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.03). The business had revenue of $23.70 million during the quarter, compared to the consensus estimate of $22.93 million. SKYX Platforms had a negative return on equity of 353.92% and a negative net margin of 44.92%. On average, analysts expect SKYX Platforms to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SKYX Platforms Trading Down 1.5 %

Shares of NASDAQ:SKYX traded down $0.02 during trading on Friday, reaching $1.32. 236,219 shares of the company were exchanged, compared to its average volume of 423,631. SKYX Platforms has a 12-month low of $0.75 and a 12-month high of $2.14. The firm has a market capitalization of $137.90 million, a PE ratio of -3.30 and a beta of -3,541.23. The business's fifty day simple moving average is $1.15 and its 200-day simple moving average is $1.28. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.62 and a quick ratio of 0.47.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products.