Infobird (NASDAQ:IFBD) Releases Quarterly Earnings Results

Infobird (NASDAQ:IFBD – Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.94) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.93 million during the quarter.

Infobird Trading Up 18.6%

IFBD stock opened at $1.34 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.98 and a current ratio of 1.98. The company’s fifty day simple moving average is $1.01 and its 200 day simple moving average is $1.01. Infobird has a 12-month low of $0.66 and a 12-month high of $2.17.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Infobird from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, August 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Infobird

About Infobird

(Get Free Report)

Infobird Co, Ltd. is a China-based software-as-a-service company that provides customer engagement and customer relationship management solutions. Its offerings are designed to help businesses manage customer interactions, sales activities, service operations, and related workflows through cloud-based software.

The company’s products and services include cloud contact-center and customer-service platforms, customer relationship management tools, sales and marketing applications, and artificial intelligence-enabled solutions.

Further Reading

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