TEN (NASDAQ:XHLD) Announces Earnings Results

TEN (NASDAQ:XHLD) announced its quarterly earnings data on Friday. The company reported ($0.73) EPS for the quarter, Zacks reports. The firm had revenue of $0.85 million for the quarter. TEN had a negative return on equity of 425.87% and a negative net margin of 628.51%.

TEN Stock Down 10.7%

Shares of XHLD traded down $0.16 during trading hours on Friday, reaching $1.34. The company had a trading volume of 59,316 shares, compared to its average volume of 45,431. The firm has a 50 day moving average of $1.43. The stock has a market capitalization of $5.33 million, a P/E ratio of -0.22 and a beta of 2.38. TEN has a 12-month low of $1.03 and a 12-month high of $13.47.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TEN in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, TEN presently has an average rating of “Sell”.

TEN Company Profile

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.