Airship AI (NASDAQ:AISP) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Airship AI (NASDAQ:AISP) posted its earnings results on Friday. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02), Zacks reports. Airship AI had a negative return on equity of 76.44% and a net margin of 64.71%.

Airship AI Trading Up 1.4 %

Shares of AISP traded up $0.06 during midday trading on Friday, hitting $4.24. The stock had a trading volume of 692,514 shares, compared to its average volume of 2,072,685. Airship AI has a 1 year low of $1.45 and a 1 year high of $14.32. The stock’s 50 day moving average is $5.20 and its 200 day moving average is $3.57.

Wall Street Analyst Weigh In

Separately, Benchmark reiterated a “buy” rating and issued a $6.00 price target on shares of Airship AI in a research report on Tuesday, November 19th.

Insiders Place Their Bets

In related news, CTO Yanda Ma sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $3.18, for a total value of $95,400.00. Following the transaction, the chief technology officer now owns 30,000 shares of the company’s stock, valued at $95,400. This trade represents a 50.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The disclosure for this sale can be found here. Insiders sold a total of 142,000 shares of company stock valued at $721,600 over the last 90 days. Insiders own 57.90% of the company’s stock.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.