WM Technology (NASDAQ:MAPS) Issues Quarterly Earnings Results

WM Technology (NASDAQ:MAPS) posted its quarterly earnings data on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), Zacks reports. The firm had revenue of $47.67 million during the quarter, compared to analysts’ expectations of $46.00 million. WM Technology had a negative return on equity of 1.68% and a negative net margin of 1.02%. WM Technology updated its Q1 2025 guidance to EPS.

WM Technology Stock Performance

MAPS opened at $1.25 on Friday. The stock’s 50 day moving average price is $1.34 and its 200-day moving average price is $1.16. WM Technology has a 52-week low of $0.70 and a 52-week high of $1.65. The stock has a market capitalization of $191.08 million, a PE ratio of -41.65 and a beta of 0.93.

Wall Street Analysts Forecast Growth

Separately, Westpark Capital reiterated a “buy” rating and set a $2.61 price target on shares of WM Technology in a research report on Tuesday.

WM Technology Company Profile

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.