Aeries Technology (NASDAQ:AERT – Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.27 earnings per share for the quarter, FiscalAI reports. Aeries Technology had a net margin of 3.64% and a negative return on equity of 87.21%. The firm had revenue of $21.92 million for the quarter.
Here are the key takeaways from Aeries Technology’s conference call:
- Q1 revenue rose 43% year over year to $21.9 million, while operating income increased to $3.4 million from $0.8 million and net income reached $2.2 million.
- Operating cash flow increased to $4.8 million, marking the company’s sixth consecutive quarter of positive operating cash flow; Aeries also repurchased more than 10% of its outstanding common shares.
- Gross margin improved to 29.2% and SG&A remained essentially flat at $3 million despite strong growth, highlighting improving operating leverage.
- Aeries launched AxAI, an agentic AI offering designed to complement its AeriesOne platform and help clients move AI projects from experimentation into enterprise-scale deployment and managed operations.
- Management reaffirmed fiscal 2027 guidance for revenue of $80 million–$84 million and adjusted EBITDA of $10 million–$12 million, while noting that the previously disclosed customer buyout contributed $2.7 million to quarterly revenue and profitability.
Aeries Technology Stock Performance
Shares of AERT opened at $7.06 on Tuesday. The business’s 50-day moving average is $6.62 and its two-hundred day moving average is $4.97. The company has a market capitalization of $40.52 million, a P/E ratio of 17.65 and a beta of 0.63. Aeries Technology has a fifty-two week low of $2.08 and a fifty-two week high of $11.60.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on Aeries Technology
Institutional Investors Weigh In On Aeries Technology
An institutional investor recently bought a new position in Aeries Technology stock. Virtu Financial LLC purchased a new stake in shares of Aeries Technology, Inc. (NASDAQ:AERT – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 49,890 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned 0.11% of Aeries Technology as of its most recent filing with the Securities & Exchange Commission. 99.15% of the stock is currently owned by institutional investors.
Aeries Technology Company Profile
Aeries Technology, Inc operates as a professional services and consulting partner in the North America, Asia Pacific, and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is headquartered in Singapore.
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