XIAO-I (NASDAQ:AIXI) Releases Quarterly Earnings Results

XIAO-I (NASDAQ:AIXIGet Free Report) announced its earnings results on Friday. The company reported ($71.94) EPS for the quarter, FiscalAI reports. The firm had revenue of $0.41 million during the quarter.

XIAO-I Stock Down 6.9%

NASDAQ:AIXI opened at $11.30 on Friday. The stock’s fifty day moving average price is $11.24 and its two-hundred day moving average price is $10.51. XIAO-I has a 52-week low of $1.62 and a 52-week high of $75.60.

Analysts Set New Price Targets

AIXI has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of XIAO-I in a report on Friday, April 10th. Wall Street Zen downgraded XIAO-I from a “sell” rating to a “strong sell” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, XIAO-I presently has a consensus rating of “Sell”.

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About XIAO-I

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XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.

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