WM Technology (NASDAQ:MAPS) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

WM Technology (NASDAQ:MAPS) posted its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02), Zacks reports. The firm had revenue of $47.67 million for the quarter, compared to the consensus estimate of $46.00 million. WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%. WM Technology updated its Q1 2025 guidance to EPS.

WM Technology Price Performance

NASDAQ:MAPS traded up $0.08 during trading hours on Friday, hitting $1.25. 2,085,261 shares of the company were exchanged, compared to its average volume of 844,423. The stock has a market capitalization of $191.08 million, a price-to-earnings ratio of -41.65 and a beta of 0.93. WM Technology has a 52-week low of $0.70 and a 52-week high of $1.65. The company’s 50 day moving average price is $1.34 and its 200-day moving average price is $1.16.

Wall Street Analysts Forecast Growth

Separately, Westpark Capital reiterated a “buy” rating and set a $2.61 price objective on shares of WM Technology in a research note on Tuesday.

WM Technology Company Profile

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.