PodcastOne (NASDAQ:PODC) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

PodcastOne (NASDAQ:PODC) announced its quarterly earnings data on Wednesday. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.01, Zacks reports. PodcastOne had a negative net margin of 14.08% and a negative return on equity of 42.22%. PodcastOne updated its FY 2025 guidance to EPS.

PodcastOne Price Performance

Shares of PodcastOne stock traded down $0.13 during midday trading on Wednesday, hitting $2.05. The company had a trading volume of 63,809 shares, compared to its average volume of 39,108. The business’s 50 day simple moving average is $2.30 and its two-hundred day simple moving average is $1.81. The stock has a market cap of $51.05 million, a PE ratio of -7.07 and a beta of -0.80. PodcastOne has a 1-year low of $1.10 and a 1-year high of $2.85.

PodcastOne Company Profile

PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.