CISO Global (NASDAQ:CISO) Announces Earnings Results

CISO Global (NASDAQ:CISO) released its earnings results on Friday. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($1.05) by $1.02, Zacks reports. CISO Global had a negative return on equity of 20.09% and a negative net margin of 11.67%. The company had revenue of $5.62 million for the quarter, compared to analysts’ expectations of $12.92 million.

CISO Global Stock Performance

CISO Global stock opened at $0.19 on Friday. The company’s fifty day simple moving average is $0.20 and its 200-day simple moving average is $0.29. CISO Global has a 12 month low of $0.15 and a 12 month high of $0.94.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CISO Global in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

About CISO Global

CISO Global Inc. (NASDAQ:CISO) is a cybersecurity and compliance company that helps organizations identify, manage and respond to cyber risks. The company provides services designed to strengthen security programs, protect information assets and support regulatory and industry compliance requirements. Its offerings include managed cybersecurity services, security monitoring and incident response, penetration testing, vulnerability assessments, digital forensics, risk management and compliance consulting.