CISO Global (NASDAQ:CISO) Posts Quarterly Earnings Results, Beats Expectations By $1.02 EPS

CISO Global (NASDAQ:CISO) announced its quarterly earnings results on Friday. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.05) by $1.02, Zacks reports. The business had revenue of $5.62 million during the quarter, compared to analyst estimates of $12.92 million. CISO Global had a negative return on equity of 20.09% and a negative net margin of 11.67%.

CISO Global Trading Up 2.4%

NASDAQ CISO traded up $0.00 during trading on Friday, hitting $0.19. 201,604 shares of the company traded hands, compared to its average volume of 200,193. CISO Global has a 12 month low of $0.15 and a 12 month high of $0.94. The business has a fifty day simple moving average of $0.20 and a 200 day simple moving average of $0.29. The company has a market capitalization of $8.48 million, a P/E ratio of -0.98 and a beta of 1.75.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CISO Global in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, CISO Global presently has an average rating of “Sell”.

CISO Global Company Profile

CISO Global Inc. (NASDAQ:CISO) is a cybersecurity and compliance company that helps organizations identify, manage and respond to cyber risks. The company provides services designed to strengthen security programs, protect information assets and support regulatory and industry compliance requirements. Its offerings include managed cybersecurity services, security monitoring and incident response, penetration testing, vulnerability assessments, digital forensics, risk management and compliance consulting.