Genius Group (NYSEAMERICAN:GNS) Releases Quarterly Earnings Results, Hits Estimates

Genius Group (NYSEAMERICAN:GNS) posted its quarterly earnings data on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03), FiscalAI reports. The company had revenue of $3.10 million for the quarter, compared to the consensus estimate of $9.07 million.

Genius Group Trading Down 4.6%

GNS opened at $0.15 on Tuesday. Genius Group has a 12 month low of $0.14 and a 12 month high of $1.06. The business’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.24.

Genius Group declared that its Board of Directors has initiated a share buyback plan on Monday, June 8th that authorizes the company to buyback 13,200,000 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Genius Group Company Profile

Genius Group Limited is a Singapore-based education technology company focused on entrepreneurship and professional development. The company operates an education ecosystem designed to support learners, entrepreneurs and business leaders through online learning, mentoring, events and other educational resources.

Its primary platform, GeniusU, provides access to courses, learning pathways, mentoring programs, workshops and a global community for entrepreneurs. Genius Group also offers education and training through related institutions, partnerships and experiential programs, with content covering entrepreneurship, business skills, leadership, technology and personal development.

The company serves students and entrepreneurs internationally through digital platforms and a network of education, business and community initiatives.