CXApp (NASDAQ:CXAI) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

CXApp (NASDAQ:CXAI) issued its quarterly earnings data on Monday. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.01), Zacks reports. CXApp had a negative return on equity of 89.55% and a negative net margin of 294.00%.The company had revenue of $1.02 million for the quarter, compared to the consensus estimate of $1.10 million.

CXApp Price Performance

CXApp stock opened at $0.18 on Wednesday. CXApp has a 12-month low of $0.14 and a 12-month high of $1.49. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average price of $0.23 and a 200-day moving average price of $0.44. The firm has a market capitalization of $5.17 million, a PE ratio of -0.32 and a beta of 0.95.

Institutional Trading of CXApp

Institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new position in shares of CXApp during the second quarter valued at approximately $41,000. Renaissance Technologies LLC lifted its stake in shares of CXApp by 110.1% during the 4th quarter. Renaissance Technologies LLC now owns 108,600 shares of the company’s stock worth $36,000 after acquiring an additional 56,911 shares during the last quarter. DRW Securities LLC bought a new stake in shares of CXApp during the 4th quarter worth approximately $44,000. Virtu Financial LLC purchased a new position in CXApp during the 4th quarter valued at $46,000. Finally, Geode Capital Management LLC boosted its holdings in CXApp by 32.0% during the 4th quarter. Geode Capital Management LLC now owns 207,427 shares of the company’s stock valued at $69,000 after acquiring an additional 50,310 shares during the period. Institutional investors own 14.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CXApp in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

About CXApp

CXApp Holdings, Inc develops and delivers workplace experience software designed to help enterprises manage hybrid work environments and improve employee engagement. Its flagship platform provides a mobile-first digital workplace companion that integrates space management, wayfinding, service requests, and communications. By combining Internet of Things (IoT) connectivity and data-driven insights, the platform enables organizations to optimize real estate, enhance operational efficiency, and support health and safety protocols.

The CXApp platform offers a suite of features tailored to employees, visitors, and facilities teams.