WM Technology (NASDAQ:MAPS) Posts Earnings Results, Misses Estimates By $0.02 EPS

WM Technology (NASDAQ:MAPS) released its quarterly earnings results on Thursday. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), Zacks reports. WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%. The firm had revenue of $47.67 million for the quarter, compared to analysts’ expectations of $46.00 million. WM Technology updated its Q1 2025 guidance to EPS.

WM Technology Stock Performance

WM Technology stock traded up $0.08 during trading hours on Friday, hitting $1.25. The company had a trading volume of 2,085,261 shares, compared to its average volume of 844,423. The firm has a market cap of $191.08 million, a P/E ratio of -41.65 and a beta of 0.93. WM Technology has a 1 year low of $0.70 and a 1 year high of $1.65. The company has a 50-day moving average price of $1.34 and a two-hundred day moving average price of $1.16.

Analysts Set New Price Targets

Separately, Westpark Capital reaffirmed a “buy” rating and set a $2.61 price target on shares of WM Technology in a research note on Tuesday.

WM Technology Company Profile

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.