SKYX Platforms (SKYX) to Release Earnings on Monday

SKYX Platforms (NASDAQ:SKYX - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Monday, April 7th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $23.60 million for the quarter.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last posted its quarterly 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). SKYX Platforms had a negative return on equity of 353.92% and a negative net margin of 44.92%. The business had revenue of $23.70 million for the quarter, compared to the consensus estimate of $22.93 million. 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 Up 8.1 %

SKYX stock traded up $0.09 during midday trading on Wednesday, reaching $1.20. The company's stock had a trading volume of 328,185 shares, compared to its average volume of 570,744. The business's 50-day simple moving average is $1.53 and its 200-day simple moving average is $1.27. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 2.22. SKYX Platforms has a 52 week low of $0.72 and a 52 week high of $2.14. The stock has a market cap of $125.37 million, a PE ratio of -3.00 and a beta of -3,008.78.

SKYX Platforms Company Profile

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.