Ispire Technology (NASDAQ:ISPR) Announces Quarterly Earnings Results, Misses Expectations By $0.11 EPS

Ispire Technology (NASDAQ:ISPR) issued its quarterly earnings data on Friday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11), Zacks reports. The company had revenue of $20.29 million during the quarter, compared to analysts’ expectations of $32.80 million. Ispire Technology had a negative net margin of 31.14% and a negative return on equity of 389.95%.

Here are the key takeaways from Ispire Technology’s conference call:

• Company completed a deliberate customer consolidation toward higher-quality nicotine clients, improving net accounts receivable to $37.9M, cutting operating expenses to $10.3M, and reducing the Q2 net loss to $6.6M, which management calls an inflection point for financial stability.
• Total revenue declined sharply to $20.3M in Q2 (from $41.8M a year ago) and cash on hand fell to $17.6M (from $24.4M), with net operating cash use of $5.2M over the six months.
• IkeTech age-gating technology is gaining regulatory and customer traction (component PMTA filed); a Charlie’s deal targets an initial ~2–3M chips/month with potential ramp to ~10M devices/month, and management expects additional major partnership announcements soon.
• Product and manufacturing initiatives — G‑Mesh superconductive vaping hardware is in active discussions with larger nicotine companies, and the Malaysian facility build-out remains on track to scale capacity from 6 to 80 production lines in fiscal 2026.

Ispire Technology Trading Up 10.1%

Shares of ISPR stock opened at $3.37 on Friday. Ispire Technology has a fifty-two week low of $1.44 and a fifty-two week high of $4.98. The company has a 50 day moving average price of $2.84 and a 200 day moving average price of $2.66. The stock has a market capitalization of $193.07 million, a P/E ratio of -5.35 and a beta of 2.42. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.05 and a current ratio of 1.14.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ISPR. Zacks Research raised shares of Ispire Technology from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ispire Technology in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $7.50.

Hedge Funds Weigh In On Ispire Technology

A hedge fund recently raised its stake in Ispire Technology stock. Private Advisor Group LLC lifted its stake in shares of Ispire Technology Inc. (NASDAQ:ISPR) by 129.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,148 shares of the company’s stock after acquiring an additional 19,276 shares during the quarter. Private Advisor Group LLC owned 0.06% of Ispire Technology worth $87,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 5.00% of the company’s stock.

Ispire Technology Company Profile

Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.