PSQ (NYSE:PSQH – Get Free Report) announced its quarterly earnings results on Friday. The company reported ($1.00) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.13) by $1.13, FiscalAI reports. The business had revenue of $7.34 million for the quarter, compared to the consensus estimate of $7.80 million. PSQ had a negative return on equity of 284.61% and a negative net margin of 132.73%.
Here are the key takeaways from PSQ’s conference call:
- Third-quarter revenue rose 67% to $7.3 million, while payments volume increased 121% and the operating loss narrowed to $3.3 million from $9.7 million a year earlier. Management said growth was achieved with roughly half the prior workforce.
- PSQ has completed its exit from the marketplace and consumer brands, cutting operating expenses by 50% year over year; EveryLife was sold for $5.5 million, though only $1 million was paid in cash at closing and the remaining $4.5 million is due under a secured note.
- Management reaffirmed 2026 guidance of $32 million in revenue and positive non-GAAP operating income, but reaching it requires about $9.4 million in fourth-quarter revenue—a company record and well above the $8.2 million quarterly high cited on the call.
- Operating cash burn declined to $1.7 million in the quarter, and management is targeting positive monthly operating cash flow in 2027. However, continuing-operations unrestricted cash was $3.8 million at quarter-end, and the company says it must keep reducing burn.
- Management said the company faces pressure around the NYSE’s minimum market-cap requirement and is discussing possible exemptions with the exchange while considering other capital-markets options; no definitive contingency plan was disclosed.
PSQ Price Performance
Shares of NYSE:PSQH traded up $0.28 during trading hours on Friday, hitting $1.93. 994,217 shares of the company’s stock traded hands, compared to its average volume of 113,972. The company’s fifty day simple moving average is $4.27 and its two-hundred day simple moving average is $7.35. The company has a market cap of $6.50 million, a price-to-earnings ratio of -0.18 and a beta of 0.61. The company has a debt-to-equity ratio of 6.79, a quick ratio of 1.47 and a current ratio of 1.47. PSQ has a 52 week low of $1.62 and a 52 week high of $29.25.
Analyst Ratings Changes
PSQH has been the subject of a number of analyst reports. Wall Street Zen raised shares of PSQ to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of PSQ in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
PSQ Company Profile
PSQ Holdings, Inc, operating under the PublicSquare brand, is a technology and commerce company focused on connecting consumers with businesses that share a commitment to family, community and other values emphasized by the company. Its platform is designed to help users discover and purchase products and services from participating merchants.
PublicSquare provides a digital marketplace that includes consumer goods, services and business listings. The company has also pursued financial technology offerings intended to support transactions within its ecosystem, including payment-related services and other tools for consumers and merchants.
PublicSquare primarily serves customers and businesses in the United States.
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