VS MEDIA (NASDAQ:VSME) Announces Earnings Results

VS MEDIA (NASDAQ:VSME) released its quarterly earnings data on Thursday. The company reported ($0.05) earnings per share (EPS) for the quarter, reports. The business had revenue of $1.68 million for the quarter.

VS MEDIA Price Performance

NASDAQ:VSME opened at $0.93 on Friday. The stock’s 50 day simple moving average is $1.09 and its 200-day simple moving average is $1.19. VS MEDIA has a 12-month low of $0.68 and a 12-month high of $53.60.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut VS MEDIA from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, VS MEDIA currently has a consensus rating of “Sell”.

VS MEDIA Company Profile

VS MEDIA (NASDAQ: VSME) is a digital marketing and influencer management company that connects brands with social media creators. Through its technology-enabled platform, the company helps businesses identify suitable influencers and develop campaigns designed to reach targeted audiences through branded content and social media channels.

VS MEDIA’s services include influencer selection, campaign planning, content creation, campaign execution and performance analysis. The platform also supports creators by providing opportunities to collaborate with brands and monetize their online audiences.

The company serves clients and creators primarily across Greater China and Southeast Asia, including markets such as Hong Kong and Singapore.