PodcastOne (NASDAQ:PODC) Announces Earnings Results, Beats Expectations By $0.01 EPS

PodcastOne (NASDAQ:PODC) released its quarterly earnings results on Wednesday. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01, Zacks reports. PodcastOne had a negative return on equity of 42.22% and a negative net margin of 14.08%. PodcastOne updated its FY 2025 guidance to EPS.

PodcastOne Trading Up 3.8 %

Shares of PodcastOne stock traded up $0.07 during midday trading on Friday, reaching $2.03. The company had a trading volume of 9,390 shares, compared to its average volume of 39,016. PodcastOne has a 1-year low of $1.10 and a 1-year high of $2.85. The company has a market capitalization of $50.65 million, a price-to-earnings ratio of -7.01 and a beta of -0.80. The stock has a fifty day simple moving average of $2.29 and a 200 day simple moving average of $1.82.

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.