Minim (NASDAQ:FIEE) Announces Quarterly Earnings Results

Minim (NASDAQ:FIEE) announced its quarterly earnings data on Friday. The company reported $0.35 EPS for the quarter, FiscalAI reports. The firm had revenue of $4.21 million for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

Minim Stock Performance

FIEE opened at $6.62 on Friday. The company has a fifty day moving average price of $5.76 and a two-hundred day moving average price of $3.73. Minim has a 52 week low of $0.44 and a 52 week high of $7.95. The firm has a market capitalization of $529,600.00, a PE ratio of -1.25 and a beta of 1.81.

Insider Activity at Minim

In other Minim news, major shareholder Corporate Services Lt Elements bought 2,138,181 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was bought at an average price of $1.29 per share, for a total transaction of $2,758,253.49. Following the transaction, the insider owned 3,119,830 shares of the company’s stock, valued at approximately $4,024,580.70. The trade was a 217.82% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 51.90% of the company’s stock.

Wall Street Analyst Weigh In

FIEE has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (e)” rating on shares of Minim in a research note on Monday, December 29th. Wall Street Zen upgraded Minim to a “buy” rating in a research report on Saturday, March 7th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Minim Company Profile

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.