TEN (NASDAQ:XHLD) Issues Quarterly Earnings Results

TEN (NASDAQ:XHLD) posted its quarterly earnings results on Monday. The company reported ($0.70) earnings per share (EPS) for the quarter, Zacks reports. TEN had a negative net margin of 627.50% and a negative return on equity of 548.39%. The business had revenue of $0.73 million for the quarter.

TEN Stock Up 14.8%

NASDAQ:XHLD opened at $3.57 on Wednesday. The stock has a market cap of $42.77 million, a P/E ratio of -0.85 and a beta of 1.99. The firm’s fifty day simple moving average is $1.68 and its 200 day simple moving average is $1.66. TEN has a twelve month low of $0.76 and a twelve month high of $13.47.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TEN in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

TEN Company Profile

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.