SKYX Platforms (SKYX) Expected to Announce Quarterly Earnings on Monday

SKYX Platforms (NASDAQ:SKYX) is expected to post its quarterly earnings results before the market opens on Monday, April 7th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $23.60 million for the quarter.

SKYX Platforms (NASDAQ:SKYX) last posted its quarterly earnings results on Monday, March 24th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The company had revenue of $23.70 million for the quarter, compared to the consensus estimate of $22.93 million. SKYX Platforms had a negative net margin of 44.92% and a negative return on equity of 353.92%. On average, analysts expect SKYX Platforms to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SKYX Platforms Trading Down 5.6 %

SKYX opened at $1.02 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 2.22. The stock’s fifty day moving average is $1.49 and its two-hundred day moving average is $1.27. The company has a market capitalization of $106.56 million, a P/E ratio of -2.55 and a beta of -3,008.78. SKYX Platforms has a 52 week low of $0.72 and a 52 week high of $2.14.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products.