Amesite (NASDAQ:AMST) Releases Earnings Results, Beats Expectations By $0.81 EPS

Amesite (NASDAQ:AMSTGet Free Report) announced its quarterly earnings data on Monday. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.81, FiscalAI reports. Amesite had a negative return on equity of 118.33% and a negative net margin of 1,024.91%.The business had revenue of $0.08 million for the quarter, compared to analysts’ expectations of $0.25 million.

Amesite Trading Down 4.6%

Shares of NASDAQ:AMST traded down $0.04 during trading on Monday, reaching $0.79. The company had a trading volume of 166,502 shares, compared to its average volume of 205,466. The company has a fifty day moving average of $1.53 and a two-hundred day moving average of $2.00. The stock has a market capitalization of $3.59 million, a P/E ratio of -1.23 and a beta of 0.86. Amesite has a 12 month low of $0.77 and a 12 month high of $4.78.

Hedge Funds Weigh In On Amesite

An institutional investor recently bought a new position in Amesite stock. Virtu Financial LLC acquired a new stake in shares of Amesite Inc. (NASDAQ:AMSTFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 14,708 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned about 0.32% of Amesite at the end of the most recent quarter. Hedge funds and other institutional investors own 3.60% of the company’s stock.

Analyst Upgrades and Downgrades

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

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Amesite Company Profile

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Amesite, Inc (NASDAQ: AMST) is a software company specializing in AI-driven digital learning and training solutions. Its cloud-based platform enables organizations to create, manage and deliver customized online courses and professional development programs. Leveraging machine learning and natural language processing, the platform offers real-time analytics, adaptive content recommendations, multimedia assessments and community collaboration tools to support both synchronous and asynchronous learning.

The company’s primary end markets include corporate enterprises, higher education institutions, government agencies and nonprofit organizations.

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Earnings History for Amesite (NASDAQ:AMST)

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