Iveda Solutions (NASDAQ:IVDA) Posts Quarterly Earnings Results

Iveda Solutions (NASDAQ:IVDAGet Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.34) earnings per share for the quarter, Zacks reports. Iveda Solutions had a negative return on equity of 143.92% and a negative net margin of 53.18%.The company had revenue of $0.63 million for the quarter.

Iveda Solutions Trading Down 0.4%

Shares of NASDAQ:IVDA opened at $0.26 on Thursday. Iveda Solutions has a 52-week low of $0.22 and a 52-week high of $3.13. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.32 and a current ratio of 3.48. The company has a market capitalization of $1.50 million, a P/E ratio of -0.29 and a beta of 0.91. The company has a 50-day simple moving average of $0.41 and a 200 day simple moving average of $0.88.

Institutional Trading of Iveda Solutions

A hedge fund recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC acquired a new stake in Iveda Solutions, Inc. (NASDAQ:IVDAFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned about 0.85% of Iveda Solutions as of its most recent SEC filing. Institutional investors own 4.30% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Iveda Solutions in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

View Our Latest Report on IVDA

Iveda Solutions Company Profile

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Iveda Solutions, Inc (NASDAQ: IVDA) is a technology company specializing in AI-driven security and smart city solutions. The company develops and delivers integrated hardware and software platforms designed to capture, process and analyze video data in real time, enabling organizations across government, enterprise and critical infrastructure sectors to enhance situational awareness, optimize resource deployment and streamline operational workflows.

The company’s product suite centers around the Iveda Cloud platform, offering cloud-based video storage, remote monitoring and cybersecurity features.

Further Reading

Earnings History for Iveda Solutions (NASDAQ:IVDA)

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