Auddia (NASDAQ:AUUD) Announces Earnings Results

Auddia (NASDAQ:AUUDGet Free Report) issued its quarterly earnings results on Friday. The company reported ($5.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($5.00) by ($0.09), FiscalAI reports.

Auddia Trading Up 60.7%

Shares of Auddia stock opened at $1.96 on Friday. Auddia has a 12-month low of $1.16 and a 12-month high of $56.13. The firm has a market capitalization of $980,000.00, a price-to-earnings ratio of -0.01 and a beta of 0.66. The firm’s 50 day simple moving average is $4.28 and its two-hundred day simple moving average is $6.58.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Auddia stock. Geode Capital Management LLC purchased a new stake in shares of Auddia Inc. (NASDAQ:AUUDFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 26,538 shares of the company’s stock, valued at approximately $26,000. Geode Capital Management LLC owned approximately 0.86% of Auddia at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Auddia from a “sell (e+)” rating to a “sell (e)” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on Auddia

Auddia Company Profile

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Auddia Inc (NASDAQ: AUUD) develops and markets patented audio solutions that transform how live and recorded content is distributed and accessed. Through its subsidiaries AudioFetch and Podscribe, the company offers plug-and-play hardware and software for venues such as restaurants, fitness centers, and corporate waiting areas to stream live radio and other audio channels directly to patrons’ smartphones. In parallel, Auddia’s automated speech-to-text technology powers real-time closed captioning for live radio broadcasts and on-demand transcription services for podcast publishers.

The AudioFetch platform, integrated into venue networks, captures local audio feeds and delivers them via a branded mobile app or web portal.

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Earnings History for Auddia (NASDAQ:AUUD)

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