TEN (NASDAQ:XHLD) Posts Quarterly Earnings Results

TEN (NASDAQ:XHLD) announced its quarterly earnings results on Friday. The company reported ($0.33) EPS for the quarter, FiscalAI reports. The business had revenue of $0.64 million during the quarter. TEN had a negative net margin of 627.50% and a negative return on equity of 440.98%.

TEN Stock Up 16.4%

NASDAQ:XHLD traded up $0.08 during trading hours on Friday, reaching $0.58. 238,370 shares of the stock were exchanged, compared to its average volume of 3,630,628. TEN has a twelve month low of $0.38 and a twelve month high of $15.43. The business has a 50-day moving average of $4.68 and a two-hundred day moving average of $2.71. The company has a market capitalization of $6.97 million, a price-to-earnings ratio of -0.20 and a beta of 6.11.

Wall Street Analyst Weigh In

A number of research firms have commented on XHLD. Weiss Ratings raised shares of TEN from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded shares of TEN to a “hold” rating in a research report on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock 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.