CISO Global (NASDAQ:CISO) Posts Earnings Results, Beats Estimates By $1.01 EPS

CISO Global (NASDAQ:CISO) released its quarterly earnings results on Friday. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($1.05) by $1.01, FiscalAI reports. CISO Global had a negative return on equity of 32.61% and a negative net margin of 16.69%.The company had revenue of $5.79 million during the quarter, compared to the consensus estimate of $12.92 million.

CISO Global Stock Down 0.2%

Shares of CISO stock opened at $0.27 on Friday. The company has a market cap of $12.21 million, a PE ratio of -1.42 and a beta of 1.74. CISO Global has a 12 month low of $0.21 and a 12 month high of $1.48. The business’s 50 day moving average is $0.27 and its two-hundred day moving average is $0.32.

Institutional Investors Weigh In On CISO Global

A number of institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new position in shares of CISO Global during the second quarter worth approximately $37,000. Virtu Financial LLC acquired a new position in CISO Global in the third quarter valued at about $58,000. Geode Capital Management LLC raised its holdings in CISO Global by 26.7% during the 4th quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock worth $172,000 after buying an additional 75,367 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of CISO Global during the second quarter worth about $94,000. 40.08% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About CISO Global

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.