SKYX Platforms (SKYX) to Release Earnings on Tuesday

SKYX Platforms (NASDAQ:SKYX) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $20.25 million for the quarter.

SKYX Platforms (NASDAQ:SKYX) last released its quarterly earnings results on Monday, March 24th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). SKYX Platforms had a negative net margin of 44.92% and a negative return on equity of 353.92%. The firm had revenue of $23.70 million for the quarter, compared to the consensus estimate of $22.93 million. 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 1.5%

Shares of SKYX stock opened at $1.32 on Monday. SKYX Platforms has a 52-week low of $0.75 and a 52-week high of $2.14. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.47 and a current ratio of 0.62. The company has a 50-day simple moving average of $1.15 and a two-hundred day simple moving average of $1.28. The company has a market capitalization of $137.90 million, a price-to-earnings ratio of -3.30 and a beta of -3,541.23.

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.