WM Technology (NASDAQ:MAPS) Issues Quarterly Earnings Results

WM Technology (NASDAQ:MAPS - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.02, Zacks reports. WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%. The company had revenue of $44.61 million during the quarter, compared to analysts' expectations of $43.00 million. WM Technology updated its Q2 2025 guidance to EPS.

WM Technology Trading Up 2.2%

NASDAQ MAPS traded up $0.03 during trading on Wednesday, hitting $1.17. 443,532 shares of the company's stock were exchanged, compared to its average volume of 982,811. The company has a market cap of $179.82 million, a PE ratio of -38.82 and a beta of 1.14. The stock's 50 day moving average price is $1.16 and its two-hundred day moving average price is $1.23. WM Technology has a fifty-two week low of $0.70 and a fifty-two week high of $1.65.

Wall Street Analyst Weigh In

Separately, Westpark Capital reaffirmed a "buy" rating and issued a $2.61 price target on shares of WM Technology in a research note on Friday, May 9th.

About WM Technology

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.