Connexa Sports Technologies (NASDAQ:YYAI) Announces Earnings Results

Connexa Sports Technologies (NASDAQ:YYAI) issued its earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $3.27 million for the quarter. Connexa Sports Technologies had a negative net margin of 546.78% and a negative return on equity of 284.53%.

Connexa Sports Technologies Price Performance

Shares of NASDAQ:YYAI opened at $0.71 on Wednesday. The firm has a fifty day moving average price of $0.65 and a two-hundred day moving average price of $2.84. Connexa Sports Technologies has a one year low of $0.35 and a one year high of $53.00. The company has a market cap of $10.33 million, a price-to-earnings ratio of 0.00 and a beta of -2.16.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.