The Glimpse Group (VRAR) Set to Announce Earnings on Wednesday

The Glimpse Group (NASDAQ:VRARGet Free Report) is scheduled to be posting its 12/31/2023 quarterly earnings results after the market closes on Wednesday, February 14th. Analysts expect The Glimpse Group to post earnings of ($0.13) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

The Glimpse Group (NASDAQ:VRARGet Free Report) last issued its earnings results on Tuesday, November 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $3.11 million for the quarter. The Glimpse Group had a negative return on equity of 109.38% and a negative net margin of 184.39%.

The Glimpse Group Price Performance

Shares of NASDAQ VRAR opened at $1.22 on Tuesday. The firm has a market cap of $20.39 million, a PE ratio of -0.72 and a beta of 2.16. The company’s fifty day simple moving average is $1.26 and its 200 day simple moving average is $1.85. The Glimpse Group has a 12-month low of $0.86 and a 12-month high of $6.00.

Hedge Funds Weigh In On The Glimpse Group

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in The Glimpse Group by 374.0% during the third quarter. Vanguard Group Inc. now owns 703,343 shares of the company’s stock worth $3,721,000 after acquiring an additional 554,965 shares during the period. Geode Capital Management LLC raised its position in shares of The Glimpse Group by 16.5% in the first quarter. Geode Capital Management LLC now owns 85,806 shares of the company’s stock valued at $323,000 after purchasing an additional 12,149 shares during the period. Renaissance Technologies LLC bought a new stake in The Glimpse Group during the 2nd quarter valued at $230,000. BlackRock Inc. increased its position in shares of The Glimpse Group by 39.3% during the third quarter. BlackRock Inc. now owns 49,006 shares of the company’s stock valued at $260,000 after buying an additional 13,816 shares during the period. Finally, ProShare Advisors LLC purchased a new position in shares of The Glimpse Group during the 1st quarter valued at $193,000. 10.97% of the stock is currently owned by institutional investors.

About The Glimpse Group

(Get Free Report)

The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.

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Earnings History for The Glimpse Group (NASDAQ:VRAR)

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