Expion360 (NASDAQ:XPON) Releases Quarterly Earnings Results

Expion360 (NASDAQ:XPON) released its quarterly earnings data on Friday. The company reported ($1.34) earnings per share for the quarter, FiscalAI reports. Expion360 had a negative net margin of 74.66% and a negative return on equity of 115.70%. The firm had revenue of $2.03 million during the quarter.

Expion360 Stock Up 4.8%

Shares of XPON stock traded up $0.16 on Friday, hitting $3.47. The company’s stock had a trading volume of 29,797 shares, compared to its average volume of 50,388. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.44 and a quick ratio of 4.07. The firm’s fifty day moving average price is $4.84 and its 200-day moving average price is $7.09. The stock has a market capitalization of $3.30 million, a price-to-earnings ratio of -0.24 and a beta of 0.53. Expion360 has a fifty-two week low of $2.77 and a fifty-two week high of $66.00.

Institutional Investors Weigh In On Expion360

An institutional investor recently raised its stake in Expion360 stock. Geode Capital Management LLC grew its position in Expion360 Inc. (NASDAQ:XPON) by 207.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,639 shares of the company’s stock after acquiring an additional 46,339 shares during the quarter. Geode Capital Management LLC owned 0.71% of Expion360 worth $47,000 as of its most recent SEC filing. Institutional investors own 34.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Expion360 in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Expion360

Expion360, trading under the ticker XPON on the NASDAQ, is a cybersecurity software company that operates through its Leviathan Security Group division. The company’s flagship offering, the Leviathan Platform, delivers a unified risk management solution designed to help organizations identify, assess and remediate cybersecurity vulnerabilities. By consolidating compliance management, threat detection and data protection into a single platform, Expion360 enables enterprises to streamline security workflows and maintain continuous visibility into their cyber risk posture.

The Leviathan Platform encompasses modules for vulnerability scanning, automated compliance mapping to frameworks such as NIST, HIPAA and PCI DSS, real-time threat intelligence and incident response orchestration.