CXApp (NASDAQ:CXAI) Announces Earnings Results

CXApp (NASDAQ:CXAI) posted its earnings results on Tuesday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.08), Zacks reports. The company had revenue of $1.90 million for the quarter. CXApp had a negative net margin of 751.90% and a negative return on equity of 258.79%.

CXApp Price Performance

Shares of CXAI traded up $0.01 during trading hours on Thursday, hitting $1.43. The stock had a trading volume of 291,388 shares, compared to its average volume of 4,024,799. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.52 and a current ratio of 0.52. CXApp has a 12 month low of $1.03 and a 12 month high of $7.07. The stock has a fifty day moving average price of $1.62 and a 200 day moving average price of $2.19.

About CXApp

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.