Minim (NASDAQ:FIEE) Announces Quarterly Earnings Results

Minim (NASDAQ:FIEE) posted its quarterly earnings data on Friday. The company reported $0.08 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $2.62 million for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.

Minim Price Performance

Shares of FIEE traded up $0.04 on Friday, reaching $2.83. 1,971 shares of the stock traded hands, compared to its average volume of 162,361. The stock’s 50-day moving average price is $3.46 and its 200-day moving average price is $4.94. The firm has a market cap of $226,800.00, a price-to-earnings ratio of -0.53 and a beta of 1.81. Minim has a 12 month low of $1.50 and a 12 month high of $10.59.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Minim from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Minim Company Profile

Minim, Inc. is a technology company focused on connected-home and wireless networking solutions. Its business has centered on helping consumers and service providers manage home internet connectivity through hardware, software and cloud-based services. The company has offered products including Motorola-branded cable modems, Wi-Fi routers and mesh networking equipment, along with the Minim mobile application. Its software tools are designed to support network monitoring, device management, security features and troubleshooting for residential users.