Expensify (EXFY) to Release Quarterly Earnings on Thursday

Expensify (NASDAQ:EXFYGet Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 7th. Parties interested in listening to the company’s conference call can do so using this link.

Expensify (NASDAQ:EXFYGet Free Report) last released its earnings results on Thursday, August 8th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $33.29 million during the quarter, compared to analyst estimates of $35.69 million. Expensify had a negative return on equity of 29.82% and a negative net margin of 22.41%.

Expensify Stock Up 3.7 %

EXFY stock opened at $1.96 on Thursday. The firm has a 50 day moving average of $2.08 and a 200 day moving average of $1.84. The stock has a market capitalization of $150.61 million, a PE ratio of -5.30 and a beta of 1.52. Expensify has a 52 week low of $1.24 and a 52 week high of $2.92.

Analysts Set New Price Targets

Separately, JMP Securities upgraded shares of Expensify from a “market perform” rating to an “outperform” rating and set a $2.50 target price for the company in a research note on Friday, August 9th.

Read Our Latest Report on Expensify

Insider Buying and Selling at Expensify

In other Expensify news, CEO David Michael Barrett sold 11,095 shares of Expensify stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $2.28, for a total transaction of $25,296.60. Following the completion of the sale, the chief executive officer now directly owns 173,820 shares in the company, valued at approximately $396,309.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO David Michael Barrett sold 11,095 shares of Expensify stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $2.28, for a total transaction of $25,296.60. Following the completion of the transaction, the chief executive officer now directly owns 173,820 shares of the company’s stock, valued at $396,309.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Anuradha Muralidharan sold 20,000 shares of Expensify stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $2.24, for a total transaction of $44,800.00. Following the transaction, the chief operating officer now directly owns 38,610 shares of the company’s stock, valued at approximately $86,486.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 786,601 shares of company stock worth $1,793,539. Company insiders own 17.33% of the company’s stock.

About Expensify

(Get Free Report)

Expensify, Inc provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company’s platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel.

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Earnings History for Expensify (NASDAQ:EXFY)

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