WM Technology (NASDAQ:MAPS) Issues Earnings Results, Misses Estimates By $0.02 EPS

WM Technology (NASDAQ:MAPS - Get Free Report) announced its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02), Zacks reports. The company had revenue of $47.67 million during the quarter, compared to the consensus estimate of $46.00 million. WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%. WM Technology updated its Q1 2025 guidance to EPS.

WM Technology Trading Up 6.8 %

Shares of NASDAQ:MAPS traded up $0.08 during midday trading on Friday, hitting $1.25. The company had a trading volume of 2,085,261 shares, compared to its average volume of 846,214. WM Technology has a 12 month low of $0.70 and a 12 month high of $1.65. The firm has a fifty day simple moving average of $1.34 and a 200 day simple moving average of $1.16. The stock has a market cap of $191.08 million, a price-to-earnings ratio of -41.65 and a beta of 0.93.

Analyst Ratings Changes

Separately, Westpark Capital reaffirmed a "buy" rating and issued a $2.61 target price on shares of WM Technology in a research note on Tuesday, March 11th.

WM Technology Company Profile

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.