Expion360 (NASDAQ:XPON) Announces Quarterly Earnings Results

Expion360 (NASDAQ:XPON) announced its earnings results on Tuesday. The company reported ($0.70) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $2.22 million for the quarter. Expion360 had a negative return on equity of 48.80% and a negative net margin of 21.76%.

Expion360 Trading Up 4.6%

NASDAQ:XPON opened at $0.71 on Tuesday. Expion360 has a 52 week low of $0.60 and a 52 week high of $5.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.69 and a current ratio of 9.18. The firm’s fifty day moving average is $0.79 and its 200-day moving average is $1.08. The firm has a market cap of $6.81 million, a P/E ratio of -1.04 and a beta of 0.29.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Expion360 in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Expion360 currently has an average rating of “Sell”.

Hedge Funds Weigh In On Expion360

An institutional investor recently raised its position in Expion360 stock. Geode Capital Management LLC raised its holdings in Expion360 Inc. (NASDAQ:XPON) by 207.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,639 shares of the company’s stock after buying an additional 46,339 shares during the quarter. Geode Capital Management LLC owned 0.71% of Expion360 worth $47,000 as of its most recent SEC filing. Institutional investors and hedge funds own 34.50% of the company’s stock.

Expion360 Company Profile

Expion360, trading under the ticker XPON on the NASDAQ, is a cybersecurity software company that operates through its Leviathan Security Group division. The company’s flagship offering, the Leviathan Platform, delivers a unified risk management solution designed to help organizations identify, assess and remediate cybersecurity vulnerabilities. By consolidating compliance management, threat detection and data protection into a single platform, Expion360 enables enterprises to streamline security workflows and maintain continuous visibility into their cyber risk posture.

The Leviathan Platform encompasses modules for vulnerability scanning, automated compliance mapping to frameworks such as NIST, HIPAA and PCI DSS, real-time threat intelligence and incident response orchestration.