CXApp (NASDAQ:CXAI) Posts Earnings Results, Misses Estimates By $0.08 EPS

CXApp (NASDAQ:CXAI) announced its earnings results on Tuesday. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.08), Zacks reports. The business had revenue of $1.90 million for the quarter. CXApp had a negative net margin of 751.90% and a negative return on equity of 258.79%.

CXApp Price Performance

Shares of CXAI traded up $0.01 during trading hours on Thursday, hitting $1.43. The company had a trading volume of 291,388 shares, compared to its average volume of 4,024,799. The firm has a fifty day moving average price of $1.62 and a 200-day moving average price of $2.19. CXApp has a 52-week low of $1.03 and a 52-week high of $7.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.52 and a quick ratio of 0.52.

CXApp Company Profile

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.