XIAO-I (NASDAQ:AIXI) Posts Quarterly Earnings Results

XIAO-I (NASDAQ:AIXI) announced its quarterly earnings data on Friday. The company reported ($71.94) EPS for the quarter, FiscalAI reports. The firm had revenue of $0.41 million during the quarter.

XIAO-I Trading Down 6.9%

Shares of AIXI traded down $0.84 during trading hours on Friday, hitting $11.30. The stock had a trading volume of 220,838 shares, compared to its average volume of 1,890,337. XIAO-I has a 12-month low of $1.62 and a 12-month high of $75.60. The company’s fifty day simple moving average is $11.11 and its 200 day simple moving average is $10.50.

Analysts Set New Price Targets

A number of analysts have issued reports on AIXI shares. Weiss Ratings reissued a “sell (e+)” rating on shares of XIAO-I in a research note on Friday, April 10th. Wall Street Zen lowered shares of XIAO-I from a “sell” rating to a “strong sell” rating in a report on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

XIAO-I Company Profile

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.