CISO Global (NASDAQ:CISO) Releases Quarterly Earnings Results, Beats Expectations By $1.01 EPS

CISO Global (NASDAQ:CISO) announced its earnings results on Friday. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($1.05) by $1.01, FiscalAI reports. CISO Global had a negative net margin of 16.69% and a negative return on equity of 32.61%. The business had revenue of $5.79 million during the quarter, compared to the consensus estimate of $12.92 million.

CISO Global Stock Performance

NASDAQ CISO traded down $0.00 on Friday, reaching $0.27. The stock had a trading volume of 91,078 shares, compared to its average volume of 95,210. The firm has a fifty day moving average of $0.27 and a two-hundred day moving average of $0.32. CISO Global has a 1-year low of $0.21 and a 1-year high of $1.48.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Institutional Investors Weigh In On CISO Global

A number of institutional investors have recently modified their holdings of the business. Geode Capital Management LLC grew its stake in shares of CISO Global by 280.8% in the second quarter. Geode Capital Management LLC now owns 228,690 shares of the company’s stock valued at $263,000 after acquiring an additional 168,637 shares in the last quarter. XTX Topco Ltd acquired a new stake in CISO Global in the 2nd quarter worth about $37,000. Jane Street Group LLC acquired a new stake in CISO Global in the 2nd quarter worth about $94,000. Finally, Virtu Financial LLC bought a new stake in CISO Global in the 3rd quarter valued at about $58,000. Institutional investors own 40.08% of the company’s stock.

CISO Global Company Profile

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.