Minim (NASDAQ:FIEE) Announces Quarterly Earnings Results

Minim (NASDAQ:FIEE) issued its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $2.12 million for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.

Minim Stock Performance

Shares of FIEE stock traded up $0.20 during mid-day trading on Friday, hitting $7.13. 6,743 shares of the stock traded hands, compared to its average volume of 108,899. Minim has a twelve month low of $0.95 and a twelve month high of $7.95. The firm has a market cap of $570,320.00, a price-to-earnings ratio of -1.35 and a beta of 1.81. The company’s 50-day simple moving average is $6.97 and its 200-day simple moving average is $4.61.

Insider Activity

In other news, major shareholder Corporate Services Lt Elements purchased 2,138,181 shares of the stock in a transaction dated Tuesday, February 10th. The shares were bought at an average cost of $1.29 per share, for a total transaction of $2,758,253.49. Following the transaction, the insider owned 3,119,830 shares in the company, valued at $4,024,580.70. This trade represents a 217.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 51.90% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Minim to a “buy” rating in a research note on Saturday, March 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Minim Company Profile

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.