PodcastOne (NASDAQ:PODC) Announces Quarterly Earnings Results

PodcastOne (NASDAQ:PODC) posted its quarterly earnings data on Wednesday. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01, Zacks reports. PodcastOne had a negative return on equity of 42.22% and a negative net margin of 14.08%. PodcastOne updated its FY 2025 guidance to EPS.

PodcastOne Stock Up 0.8 %

Shares of NASDAQ:PODC traded up $0.02 during trading on Thursday, hitting $2.01. The stock had a trading volume of 3,992 shares, compared to its average volume of 39,827. The stock has a 50-day simple moving average of $2.30 and a two-hundred day simple moving average of $1.82. The stock has a market capitalization of $49.92 million, a price-to-earnings ratio of -6.91 and a beta of -0.80. PodcastOne has a 12-month low of $1.10 and a 12-month high of $2.85.

About PodcastOne

PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.