PodcastOne (PODC) to Release Quarterly Earnings on Thursday

PodcastOne (NASDAQ:PODC) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect PodcastOne to post earnings of ($0.07) per share for the quarter.

PodcastOne (NASDAQ:PODC) last released its earnings results on Thursday, November 7th. The company reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). PodcastOne had a negative net margin of 14.08% and a negative return on equity of 42.22%. The firm had revenue of $12.15 million during the quarter, compared to analyst estimates of $13.30 million. During the same quarter in the previous year, the firm earned ($0.52) earnings per share. On average, analysts expect PodcastOne to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PodcastOne Price Performance

Shares of NASDAQ PODC opened at $2.30 on Thursday. PodcastOne has a 1-year low of $1.10 and a 1-year high of $2.85. The firm has a market capitalization of $57.27 million, a PE ratio of -7.93 and a beta of -0.80. The business’s fifty day moving average price is $2.30 and its two-hundred day moving average price is $1.79.

About PodcastOne

PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.