WM Technology (NASDAQ:MAPS) Posts Earnings Results, Misses Estimates By $0.02 EPS

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

WM Technology Stock Performance

NASDAQ MAPS opened at $1.25 on Friday. WM Technology has a 52-week low of $0.70 and a 52-week high of $1.65. The company has a market capitalization of $191.08 million, a P/E ratio of -41.65 and a beta of 0.93. The company has a fifty day moving average of $1.34 and a 200-day moving average of $1.16.

Wall Street Analyst Weigh In

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

About WM Technology

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.