SKYX Platforms (SKYX) Projected to Post Earnings on Monday

SKYX Platforms (NASDAQ:SKYX) is expected to post its quarterly earnings results before the market opens on Monday, April 7th. Analysts expect SKYX Platforms to post earnings of ($0.08) per share and revenue of $23.60 million for the quarter.

SKYX Platforms (NASDAQ:SKYX) last announced its quarterly earnings results on Monday, March 24th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.03). SKYX Platforms had a negative net margin of 44.92% and a negative return on equity of 353.92%. The firm had revenue of $23.70 million for the quarter, compared to analyst estimates of $22.93 million. On average, analysts expect SKYX Platforms to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SKYX Platforms Price Performance

SKYX Platforms stock opened at $1.19 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.47 and a debt-to-equity ratio of 2.22. The company has a 50-day moving average price of $1.54 and a 200 day moving average price of $1.27. SKYX Platforms has a 12-month low of $0.72 and a 12-month high of $2.14. The stock has a market cap of $121.98 million, a P/E ratio of -2.98 and a beta of -3,008.78.

SKYX Platforms Company Profile

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products.