CXApp (NASDAQ:CXAI) Announces Quarterly Earnings Results, Misses Expectations By $0.08 EPS

CXApp (NASDAQ:CXAI) announced its quarterly earnings data on Tuesday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.08), Zacks reports. The firm had revenue of $1.90 million for the quarter. CXApp had a negative return on equity of 258.79% and a negative net margin of 751.90%.

CXApp Stock Up 1.4 %

NASDAQ:CXAI traded up $0.02 during mid-day trading on Thursday, reaching $1.44. The stock had a trading volume of 192,346 shares, compared to its average volume of 4,024,324. The stock has a 50-day simple moving average of $1.63 and a two-hundred day simple moving average of $2.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.52 and a current ratio of 0.52. CXApp has a 12 month low of $1.03 and a 12 month high of $7.07.

CXApp Company Profile

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.