NaaS Technology (NASDAQ:NAAS – Get Free Report) released its earnings results on Friday. The company reported $0.12 EPS for the quarter, FiscalAI reports. The company had revenue of $3.35 million for the quarter.
NaaS Technology Trading Down 2.6%
NASDAQ:NAAS traded down $0.09 during trading hours on Friday, hitting $3.35. The company had a trading volume of 24,384 shares, compared to its average volume of 20,224. NaaS Technology has a 1 year low of $1.80 and a 1 year high of $4.55. The company has a 50-day moving average of $3.20 and a 200 day moving average of $2.76. The company has a market cap of $57.13 million, a P/E ratio of -0.04 and a beta of 0.73.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of NaaS Technology in a report on Monday, July 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
About NaaS Technology
NaaS Technology, Inc is a U.S.-based network-as-a-service provider that designs, builds and operates high-performance fiber networks for enterprise customers. The company offers subscription-based connectivity solutions that combine fiber transport, software-defined wide area networking (SD-WAN) and edge computing capabilities. By leveraging its proprietary infrastructure and network orchestration platform, NaaS delivers reliable, scalable bandwidth without the capital-intensive investment typically required for on-premises networks.
The company’s product portfolio includes dedicated fiber circuits, cloud on-ramps to leading public cloud providers, private wireless solutions and managed SD-WAN services.
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