CISO Global (NASDAQ:CISO) Issues Earnings Results

CISO Global (NASDAQ:CISO) issued its earnings results on Friday. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.05) by $1.01, FiscalAI reports. CISO Global had a negative return on equity of 32.61% and a negative net margin of 16.69%.The business had revenue of $5.79 million during the quarter, compared to the consensus estimate of $12.92 million.

CISO Global Stock Performance

Shares of NASDAQ CISO traded down $0.00 during trading on Friday, hitting $0.27. 91,078 shares of the company traded hands, compared to its average volume of 95,210. The firm has a market capitalization of $12.21 million, a price-to-earnings ratio of -1.12 and a beta of 1.74. The business’s fifty day moving average is $0.27 and its 200 day moving average is $0.32. CISO Global has a fifty-two week low of $0.21 and a fifty-two week high of $1.48.

Institutional Trading of CISO Global

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in CISO Global by 26.7% in the fourth quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock worth $172,000 after acquiring an additional 75,367 shares in the last quarter. Jane Street Group LLC acquired a new stake in CISO Global in the second quarter valued at approximately $94,000. Virtu Financial LLC bought a new stake in shares of CISO Global during the third quarter valued at approximately $58,000. Finally, XTX Topco Ltd bought a new stake in shares of CISO Global during the second quarter valued at approximately $37,000. 40.08% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, CISO Global currently has an average rating of “Sell”.

About CISO Global

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.