Amesite (NASDAQ:AMST) Issues Quarterly Earnings Results, Beats Estimates By $0.66 EPS

Amesite (NASDAQ:AMST) announced its quarterly earnings data on Wednesday. The company reported ($0.18) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.84) by $0.66, Zacks reports. The firm had revenue of $0.08 million for the quarter, compared to analysts’ expectations of $0.48 million. Amesite had a negative return on equity of 154.31% and a negative net margin of 873.02%.

Amesite Trading Up 1.0%

Shares of NASDAQ AMST opened at $1.05 on Friday. Amesite has a 12-month low of $0.77 and a 12-month high of $3.90. The company has a market cap of $6.88 million, a price-to-earnings ratio of -1.67 and a beta of 1.00. The stock’s 50 day simple moving average is $1.03 and its 200 day simple moving average is $1.29.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Amesite in a report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Amesite presently has an average rating of “Sell”.

Amesite Company Profile

Amesite Inc (NASDAQ:AMST) is a technology company that develops artificial intelligence-powered learning and workforce training solutions. Its platform is designed to help organizations create, deliver and manage online educational programs, including courses that can be customized for specific institutions, employers and learner populations.

The company’s offerings support digital learning, professional development and skills training through tools for course delivery, learner engagement and program administration.