Expensify (EXFY) Set to Announce Earnings on Thursday

Expensify (NASDAQ:EXFY) will release its earnings data after the market closes on Thursday, November 7th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Expensify (NASDAQ:EXFY) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Expensify had a negative return on equity of 29.82% and a negative net margin of 22.41%. The business had revenue of $33.29 million for the quarter, compared to analyst estimates of $35.69 million.

Expensify Stock Performance

Shares of EXFY stock opened at $1.92 on Wednesday. Expensify has a 1 year low of $1.24 and a 1 year high of $2.92. The stock has a fifty day moving average of $2.04 and a two-hundred day moving average of $1.85. The firm has a market capitalization of $147.53 million, a PE ratio of -5.19 and a beta of 1.51.

Analyst Ratings Changes

Separately, JMP Securities upgraded Expensify from a “market perform” rating to an “outperform” rating and set a $2.50 price target for the company in a research report on Friday, August 9th.

Insider Activity

In other news, CEO David Michael Barrett sold 11,095 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $2.28, for a total value of $25,296.60. Following the completion of the sale, the chief executive officer now owns 173,820 shares in the company, valued at $396,309.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, CFO Ryan Schaffer sold 12,500 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $2.27, for a total transaction of $28,375.00. Following the completion of the sale, the chief financial officer now directly owns 152,531 shares of the company’s stock, valued at $346,245.37. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO David Michael Barrett sold 11,095 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $2.28, for a total value of $25,296.60. Following the sale, the chief executive officer now directly owns 173,820 shares of the company’s stock, valued at approximately $396,309.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 738,536 shares of company stock worth $1,719,251 over the last 90 days. 17.33% of the stock is currently owned by company insiders.

Expensify Company Profile

Expensify, Inc provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company’s platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel.