Infobird (NASDAQ:IFBD) Issues Quarterly Earnings Results

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

Infobird Price Performance

Shares of NASDAQ IFBD opened at $1.13 on Friday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $1.01 and a 200 day moving average price of $1.01. Infobird has a 1-year low of $0.66 and a 1-year 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 investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report 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.

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