Ispire Technology (ISPR) to Release Quarterly Earnings on Tuesday

Ispire Technology (NASDAQ:ISPR) will be releasing its earnings data before the market opens on Tuesday, November 12th. Analysts expect Ispire Technology to post earnings of ($0.10) per share for the quarter.

Ispire Technology (NASDAQ:ISPR) last issued its earnings results on Thursday, September 26th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.04. The business had revenue of $37.34 million for the quarter, compared to the consensus estimate of $34.00 million. Ispire Technology had a negative net margin of 9.72% and a negative return on equity of 45.39%.

Ispire Technology Stock Down 4.6 %

NASDAQ ISPR opened at $6.18 on Friday. The stock has a market capitalization of $350.04 million, a P/E ratio of -22.89 and a beta of 2.85. Ispire Technology has a 52-week low of $5.01 and a 52-week high of $19.78. The firm has a 50-day moving average price of $6.61 and a 200 day moving average price of $6.88.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reissued a “buy” rating and issued a $12.50 price target on shares of Ispire Technology in a report on Wednesday, October 2nd.

About Ispire Technology

Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.