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

PodcastOne (NASDAQ:PODC) issued its quarterly earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, topping the consensus estimate 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 Performance

Shares of NASDAQ PODC traded up $0.02 during mid-day trading on Thursday, reaching $2.01. The company’s stock had a trading volume of 3,992 shares, compared to its average volume of 39,827. The stock has a market capitalization of $49.92 million, a P/E ratio of -6.91 and a beta of -0.80. PodcastOne has a 1-year low of $1.10 and a 1-year high of $2.85. The stock has a 50-day moving average of $2.30 and a two-hundred day moving average of $1.82.

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.