Expion360 (NASDAQ:XPON) Announces Earnings Results

Expion360 (NASDAQ:XPON) announced its quarterly earnings results on Friday. The company reported ($1.34) earnings per share (EPS) for the quarter, FiscalAI reports. Expion360 had a negative return on equity of 115.70% and a negative net margin of 74.66%.The firm had revenue of $2.03 million during the quarter.

Expion360 Stock Up 4.8%

XPON stock opened at $3.47 on Friday. Expion360 has a 1-year low of $2.77 and a 1-year high of $66.00. The business has a fifty day moving average price of $4.78 and a 200-day moving average price of $7.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.44 and a quick ratio of 4.07. The stock has a market capitalization of $3.30 million, a P/E ratio of -0.24 and a beta of 0.53.

Institutional Investors Weigh In On Expion360

A hedge fund recently raised its stake in Expion360 stock. Geode Capital Management LLC raised its stake in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 68,639 shares of the company’s stock after acquiring an additional 46,339 shares during the period. Geode Capital Management LLC owned approximately 0.71% of Expion360 worth $47,000 as of its most recent SEC filing. Institutional investors and hedge funds own 34.50% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Expion360 in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Expion360 Company Profile

Expion360, trading under the ticker XPON on the NASDAQ, is a cybersecurity software company that operates through its Leviathan Security Group division. The company’s flagship offering, the Leviathan Platform, delivers a unified risk management solution designed to help organizations identify, assess and remediate cybersecurity vulnerabilities. By consolidating compliance management, threat detection and data protection into a single platform, Expion360 enables enterprises to streamline security workflows and maintain continuous visibility into their cyber risk posture.

The Leviathan Platform encompasses modules for vulnerability scanning, automated compliance mapping to frameworks such as NIST, HIPAA and PCI DSS, real-time threat intelligence and incident response orchestration.