Expion360 (NASDAQ:XPON) Releases Quarterly Earnings Results

Expion360 (NASDAQ:XPON) released its earnings results on Friday. The company reported ($1.34) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $2.03 million for the quarter. Expion360 had a negative return on equity of 115.70% and a negative net margin of 74.66%.

Expion360 Trading Up 4.8%

Shares of Expion360 stock opened at $3.47 on Friday. The firm’s 50 day moving average is $4.78 and its 200 day moving average is $7.06. The firm has a market capitalization of $3.30 million, a PE ratio of -0.33 and a beta of 0.53. Expion360 has a 1 year low of $2.77 and a 1 year high of $66.00. The company has a current ratio of 6.44, a quick ratio of 4.07 and a debt-to-equity ratio of 0.03.

Institutional Trading of Expion360

An institutional investor recently raised its stake in Expion360 stock. Geode Capital Management LLC lifted its stake in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,639 shares of the company’s stock after buying an additional 46,339 shares during the period. Geode Capital Management LLC owned about 0.71% of Expion360 worth $47,000 as of its most recent SEC filing. 34.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Expion360 in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Expion360 has an average rating of “Sell”.

Expion360 Company Profile

Expion360, trading under the ticker XPON on the NASDAQ, is a cybersecurity software company that operates through its Leviathan Security Group division. The company’s flagship offering, the Leviathan Platform, delivers a unified risk management solution designed to help organizations identify, assess and remediate cybersecurity vulnerabilities. By consolidating compliance management, threat detection and data protection into a single platform, Expion360 enables enterprises to streamline security workflows and maintain continuous visibility into their cyber risk posture.

The Leviathan Platform encompasses modules for vulnerability scanning, automated compliance mapping to frameworks such as NIST, HIPAA and PCI DSS, real-time threat intelligence and incident response orchestration.