SKYX Platforms (SKYX) to Release Earnings on Monday

SKYX Platforms (NASDAQ:SKYX) is expected to post its quarterly earnings results before the market opens on Monday, April 7th. Analysts expect SKYX Platforms to post earnings of ($0.08) per share and revenue of $23.60 million for the quarter.

SKYX Platforms (NASDAQ:SKYX) last announced its earnings results on Monday, March 24th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The business had revenue of $23.70 million for the quarter, compared to analyst estimates of $22.93 million. SKYX Platforms had a negative return on equity of 353.92% and a negative net margin of 44.92%. On average, analysts expect SKYX Platforms to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SKYX Platforms Price Performance

Shares of NASDAQ SKYX opened at $1.02 on Friday. The firm has a 50-day simple moving average of $1.49 and a 200-day simple moving average of $1.27. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 2.22. The stock has a market capitalization of $106.56 million, a price-to-earnings ratio of -2.55 and a beta of -3,394.13. SKYX Platforms has a 52 week low of $0.72 and a 52 week high of $2.14.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products.