Iveda Solutions (NASDAQ:IVDA) Announces Earnings Results

Iveda Solutions (NASDAQ:IVDA) posted its quarterly earnings data on Friday. The company reported ($0.06) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $1.49 million for the quarter. Iveda Solutions had a negative return on equity of 109.05% and a negative net margin of 60.56%.

Iveda Solutions Stock Performance

Shares of NASDAQ:IVDA traded down $0.00 during midday trading on Friday, reaching $0.32. The company had a trading volume of 271,556 shares, compared to its average volume of 384,094. The company’s 50 day moving average price is $0.29 and its 200 day moving average price is $0.64. The company has a current ratio of 4.86, a quick ratio of 4.67 and a debt-to-equity ratio of 0.06. The stock has a market cap of $1.86 million, a P/E ratio of -0.47 and a beta of 0.87. Iveda Solutions has a 52-week low of $0.22 and a 52-week high of $2.70.

Hedge Funds Weigh In On Iveda Solutions

A hedge fund recently bought a new stake in Iveda Solutions stock. Lee Financial Co purchased a new position in Iveda Solutions, Inc. (NASDAQ:IVDA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 30,000 shares of the company’s stock, valued at approximately $40,000. Lee Financial Co owned about 0.42% of Iveda Solutions as of its most recent filing with the Securities and Exchange Commission. 4.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Iveda Solutions in a report on Monday, April 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Iveda Solutions presently has an average rating of “Sell”.

About Iveda Solutions

Iveda Solutions, Inc (NASDAQ: IVDA) is a technology company specializing in AI-driven security and smart city solutions. The company develops and delivers integrated hardware and software platforms designed to capture, process and analyze video data in real time, enabling organizations across government, enterprise and critical infrastructure sectors to enhance situational awareness, optimize resource deployment and streamline operational workflows.

The company’s product suite centers around the Iveda Cloud platform, offering cloud-based video storage, remote monitoring and cybersecurity features.