SKYX Platforms (SKYX) to Release Quarterly Earnings on Tuesday

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

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last announced its quarterly earnings results on Monday, March 24th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The firm had revenue of $23.70 million for the quarter, compared to the consensus estimate of $22.93 million. SKYX Platforms had a negative net margin of 44.92% and a negative return on equity of 353.92%. 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 Stock Up 0.8 %

SKYX stock traded up $0.01 during midday trading on Tuesday, hitting $1.31. The company's stock had a trading volume of 28,618 shares, compared to its average volume of 419,995. The company has a market cap of $136.33 million, a PE ratio of -3.26 and a beta of -3,541.23. The firm's 50-day moving average is $1.16 and its 200-day moving average is $1.28. SKYX Platforms has a 12 month low of $0.75 and a 12 month high of $2.14. The company has a current ratio of 0.62, a quick ratio of 0.47 and a debt-to-equity ratio of 2.22.

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.

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