PodcastOne (NASDAQ:PODC) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

PodcastOne (NASDAQ:PODC) issued its earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.01, Zacks reports. PodcastOne had a negative net margin of 14.08% and a negative return on equity of 42.22%. PodcastOne updated its FY 2025 guidance to EPS.

PodcastOne Stock Performance

Shares of NASDAQ:PODC traded down $0.13 on Wednesday, hitting $2.05. The stock had a trading volume of 63,809 shares, compared to its average volume of 39,108. PodcastOne has a twelve month low of $1.10 and a twelve month high of $2.85. The firm’s 50 day moving average price is $2.30 and its 200-day moving average price is $1.81. The company has a market capitalization of $51.05 million, a price-to-earnings ratio of -7.07 and a beta of -0.80.

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.