Fobi AI (OTCMKTS:FOBIF) Posts Earnings Results

Fobi AI (OTCMKTS:FOBIF) released its earnings results on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $0.21 million during the quarter.

Fobi AI Stock Performance

Shares of FOBIF remained flat at $0.04 during midday trading on Wednesday. 19,540 shares of the stock traded hands, compared to its average volume of 6,054. Fobi AI has a 1-year low of $0.00 and a 1-year high of $0.10. The company’s 50-day moving average is $0.04 and its 200 day moving average is $0.04. The stock has a market capitalization of $9.54 million, a price-to-earnings ratio of -1.30 and a beta of -0.53.

About Fobi AI

Fobi AI (OTCMKTS: FOBIF) is a Calgary-based technology company that develops AI-driven data analytics and digital commerce solutions for customer engagement. The company’s platform combines location intelligence, real-time data capture, and machine learning to help clients optimize operations, personalize marketing and drive revenue growth across physical and digital channels. Fobi AI supports a variety of enterprise deployments, including customer loyalty programs, digital ordering, people counting and contactless check-in.

At the core of Fobi AI’s offering is a cloud-hosted analytics engine that ingests data from IoT sensors, mobile applications, point-of-sale systems and third-party integrations.