CISO Global (NASDAQ:CISO) Issues Quarterly Earnings Results

CISO Global (NASDAQ:CISO) issued its quarterly earnings results on Friday. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($1.05) by $1.02, Zacks reports. CISO Global had a negative net margin of 11.67% and a negative return on equity of 20.09%. The firm had revenue of $5.62 million for the quarter, compared to analysts’ expectations of $12.92 million.

CISO Global Price Performance

CISO stock traded up $0.00 during mid-day trading on Friday, reaching $0.19. The company had a trading volume of 201,604 shares, compared to its average volume of 200,193. The company has a market capitalization of $8.48 million, a price-to-earnings ratio of -0.98 and a beta of 1.75. CISO Global has a 52 week low of $0.15 and a 52 week high of $0.94. The stock has a 50 day simple moving average of $0.20 and a two-hundred day simple moving average of $0.29.

Analysts Set New Price Targets

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