CXApp (NASDAQ:CXAI) Issues Quarterly Earnings Results, Misses Estimates By $0.08 EPS

CXApp (NASDAQ:CXAI) issued its earnings results on Tuesday. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.08), Zacks reports. CXApp had a negative net margin of 751.90% and a negative return on equity of 258.79%. The company had revenue of $1.90 million during the quarter.

CXApp Stock Performance

CXApp stock traded up $0.02 during trading hours on Thursday, hitting $1.44. The stock had a trading volume of 192,346 shares, compared to its average volume of 4,024,324. The business’s 50 day simple moving average is $1.63 and its 200-day simple moving average is $2.19. CXApp has a one year low of $1.03 and a one year high of $7.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.52 and a quick ratio of 0.52.

CXApp Company Profile

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.