PodcastOne (PODC) Scheduled to Post Earnings on Thursday

PodcastOne (NASDAQ:PODC) is scheduled to announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. PodcastOne has set its FY 2025 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

PodcastOne (NASDAQ:PODC) last announced its earnings results on Tuesday, August 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.06). PodcastOne had a negative net margin of 34.67% and a negative return on equity of 96.68%. The firm had revenue of $13.16 million for the quarter, compared to analyst estimates of $13.00 million. On average, analysts expect PodcastOne to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PodcastOne Trading Down 2.2 %

NASDAQ PODC opened at $1.32 on Wednesday. The company has a market cap of $31.70 million, a price-to-earnings ratio of -1.78 and a beta of -2.48. The company has a 50 day moving average of $1.48 and a 200-day moving average of $1.60. PodcastOne has a 1-year low of $1.10 and a 1-year high of $3.09.

Insider Buying and Selling at PodcastOne

In related news, Director D Jonathan Merriman purchased 14,000 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were bought at an average price of $1.89 per share, for a total transaction of $26,460.00. Following the completion of the transaction, the director now owns 179,339 shares of the company’s stock, valued at approximately $338,950.71. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders purchased 65,855 shares of company stock valued at $115,138 in the last three months. Corporate insiders own 7.80% of the company’s stock.

About PodcastOne

PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.