Aether (NASDAQ:ATHR) Posts Earnings Results, Misses Expectations By $0.04 EPS

Aether (NASDAQ:ATHR) announced its earnings results on Wednesday. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.04), Zacks reports. The firm had revenue of $0.34 million for the quarter, compared to analyst estimates of $0.40 million.

Aether Price Performance

Shares of ATHR stock opened at $5.87 on Friday. The business’s fifty day simple moving average is $5.99. The firm has a market capitalization of $71.03 million and a price-to-earnings ratio of -48.92. Aether has a 1-year low of $4.51 and a 1-year high of $19.69.

Analyst Upgrades and Downgrades

ATHR has been the subject of several analyst reports. Wall Street Zen downgraded Aether from a “hold” rating to a “sell” rating in a research note on Friday, October 10th. Weiss Ratings assumed coverage on Aether in a report on Friday, October 10th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Aether

We are an emerging financial technology platform company that offers proprietary research analytics, data and tools for both institutional and retail equity traders through our flagship platform, SentimenTrader.com. By integrating advanced technologies, including artificial intelligence (“AI”) tools, with the critical thinking and analytical abilities of our team of evidenced-based trading veterans, we aim to provide our Users with a powerful combination of technology and expertise, enabling them to make informed decisions to level-up their trading in the markets.