Ispire Technology (NASDAQ:ISPR) Issues Earnings Results, Misses Estimates By $0.11 EPS

Ispire Technology (NASDAQ:ISPR) issued its quarterly earnings data on Friday. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11), Zacks reports. Ispire Technology had a negative return on equity of 389.95% and a negative net margin of 31.14%.

Here are the key takeaways from Ispire Technology’s conference call:

• Company completed a deliberate customer consolidation toward higher-quality nicotine clients, improving net accounts receivable to $37.9M, cutting operating expenses to $10.3M, and reducing the Q2 net loss to $6.6M, which management calls an inflection point for financial stability.
• Total revenue declined sharply to $20.3M in Q2 (from $41.8M a year ago) and cash on hand fell to $17.6M (from $24.4M), with net operating cash use of $5.2M over the six months.
• IkeTech age-gating technology is gaining regulatory and customer traction (component PMTA filed); a Charlie’s deal targets an initial ~2–3M chips/month with potential ramp to ~10M devices/month, and management expects additional major partnership announcements soon.
• Product and manufacturing initiatives — G‑Mesh superconductive vaping hardware is in active discussions with larger nicotine companies, and the Malaysian facility build-out remains on track to scale capacity from 6 to 80 production lines in fiscal 2026.

Ispire Technology Price Performance

Shares of Ispire Technology stock traded up $0.23 on Friday, hitting $3.29. The company had a trading volume of 24,818 shares, compared to its average volume of 54,825. Ispire Technology has a 52 week low of $1.44 and a 52 week high of $4.98. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.14 and a quick ratio of 1.05. The company has a market cap of $188.48 million, a PE ratio of -5.06 and a beta of 2.42. The business has a 50-day simple moving average of $2.82 and a 200-day simple moving average of $2.66.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Zacks Research upgraded shares of Ispire Technology from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Ispire Technology in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ispire Technology has a consensus rating of “Hold” and an average price target of $7.50.

Hedge Funds Weigh In On Ispire Technology

An institutional investor recently raised its position in Ispire Technology stock. Private Advisor Group LLC lifted its position in Ispire Technology Inc. (NASDAQ:ISPR) by 129.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,148 shares of the company’s stock after buying an additional 19,276 shares during the period. Private Advisor Group LLC owned approximately 0.06% of Ispire Technology worth $87,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.00% of the company’s stock.

About Ispire Technology

Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.