PodcastOne (PODC) Set to Announce Earnings on Thursday

PodcastOne (NASDAQ:PODC) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. PodcastOne has set its FY 2025 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

PodcastOne (NASDAQ:PODC) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.06). PodcastOne had a negative net margin of 34.67% and a negative return on equity of 96.68%. The business had revenue of $13.16 million during the quarter, compared to analysts’ expectations of $13.00 million. On average, analysts expect PodcastOne to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PodcastOne Stock Performance

Shares of PODC opened at $1.32 on Wednesday. PodcastOne has a 52 week low of $1.10 and a 52 week high of $3.09. The stock has a fifty day moving average of $1.48 and a 200-day moving average of $1.60. The stock has a market capitalization of $31.70 million, a price-to-earnings ratio of -1.78 and a beta of -2.48.

Insider Buying and Selling

In other PodcastOne news, Director D Jonathan Merriman purchased 14,000 shares of the firm’s stock in a transaction on Friday, September 20th. The stock was purchased at an average cost of $1.89 per share, for a total transaction of $26,460.00. Following the transaction, the director now owns 179,339 shares in the company, valued at $338,950.71. The trade was a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have acquired a total of 65,855 shares of company stock worth $115,138 in the last ninety days. Company insiders own 7.80% of the company’s stock.

About PodcastOne

PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.