Applied Energetics (OTCMKTS:AERG) Releases Earnings Results

Applied Energetics (OTCMKTS:AERG) posted its quarterly earnings data on Monday. The company reported ($0.02) EPS for the quarter, Zacks reports. The company had revenue of $0.07 million for the quarter. Applied Energetics had a negative net margin of 1,127.41% and a negative return on equity of 919.47%.

Applied Energetics Stock Performance

Applied Energetics stock opened at $1.26 on Tuesday. Applied Energetics has a 1 year low of $0.61 and a 1 year high of $2.99. The firm has a 50 day moving average price of $1.31 and a 200 day moving average price of $1.59. The company has a market cap of $282.04 million, a price-to-earnings ratio of -25.20 and a beta of 1.03.

About Applied Energetics

Applied Energetics, Inc is a technology company specializing in the research, development and manufacturing of directed energy systems for defense and security applications. Headquartered in Tucson, Arizona, the company focuses on high power microwave (HPM) and high energy laser (HEL) technologies designed to neutralize or disable targets at the speed of light. Applied Energetics’ platforms are engineered to address evolving threats such as unmanned aerial systems, electronic attack scenarios and counter‐personnel defense.

The company’s product portfolio includes pulsed power modules, microwave amplifiers and laser beam directors that can be integrated into ground, air or sea‐based systems.