Siyata Mobile (NASDAQ:SYTA) Releases Earnings Results

Siyata Mobile (NASDAQ:SYTA) posted its quarterly earnings results on Friday. The company reported ($18.55) earnings per share for the quarter, missing analysts’ consensus estimates of ($6.99) by ($11.56), Zacks reports. Siyata Mobile had a negative return on equity of 180.79% and a negative net margin of 168.59%. The company had revenue of $1.52 million during the quarter, compared to analyst estimates of $5.76 million.

Siyata Mobile Stock Down 13.0 %

SYTA opened at $2.08 on Friday. The company has a market capitalization of $166,400.00, a PE ratio of 0.00 and a beta of 1.04. The business has a 50-day moving average of $3.28 and a 200-day moving average of $7.07. Siyata Mobile has a fifty-two week low of $1.82 and a fifty-two week high of $885.58. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 0.60.

Siyata Mobile Company Profile

Siyata Mobile Inc engages in the development and sale of cellular-based communications platform in the United States, Canada, Europe, Australia, the Middle East, and internationally. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, enterprise customers, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.