374Water (NASDAQ:SCWO) Releases Quarterly Earnings Results, Hits Expectations

374Water (NASDAQ:SCWO) released its quarterly earnings data on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.02), Zacks reports. The business had revenue of $0.04 million for the quarter.

374Water Stock Performance

SCWO stock traded down $0.04 during trading on Friday, reaching $1.09. 8,778 shares of the company traded hands, compared to its average volume of 113,236. The business has a 50 day simple moving average of $1.14 and a 200 day simple moving average of $1.25. 374Water has a 12 month low of $0.83 and a 12 month high of $2.09. The company has a market capitalization of $144.61 million, a price-to-earnings ratio of -18.33 and a beta of -0.41.

374Water Company Profile

374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.