Genius Group (NYSEAMERICAN:GNS) Releases Earnings Results, Hits Expectations

Genius Group (NYSEAMERICAN:GNS) released its earnings results on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03), FiscalAI reports. The business had revenue of $3.10 million during the quarter, compared to analysts’ expectations of $9.07 million.

Genius Group Stock Performance

Shares of NYSEAMERICAN GNS opened at $0.15 on Wednesday. Genius Group has a one year low of $0.14 and a one year high of $1.06. The business has a 50-day moving average price of $0.16 and a two-hundred day moving average price of $0.23.

Genius Group announced that its Board of Directors has approved a share buyback program on Monday, June 8th that allows the company to buyback 13,200,000 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Genius Group Company Profile

Genius Group Limited is a Singapore-based education technology company focused on entrepreneurship and professional development. The company operates an education ecosystem designed to support learners, entrepreneurs and business leaders through online learning, mentoring, events and other educational resources.

Its primary platform, GeniusU, provides access to courses, learning pathways, mentoring programs, workshops and a global community for entrepreneurs. Genius Group also offers education and training through related institutions, partnerships and experiential programs, with content covering entrepreneurship, business skills, leadership, technology and personal development.

The company serves students and entrepreneurs internationally through digital platforms and a network of education, business and community initiatives.