CISO Global (NASDAQ:CISO) Issues Earnings Results

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

CISO Global Price Performance

Shares of NASDAQ:CISO traded down $0.00 during midday trading on Friday, hitting $0.27. The stock had a trading volume of 91,078 shares, compared to its average volume of 95,210. The company’s 50-day moving average price is $0.27 and its 200-day moving average price is $0.32. CISO Global has a fifty-two week low of $0.21 and a fifty-two week high of $1.48.

Analysts Set New Price Targets

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

Institutional Trading of CISO Global

Several large investors have recently made changes to their positions in CISO. XTX Topco Ltd bought a new position in CISO Global in the second quarter valued at approximately $37,000. Virtu Financial LLC bought a new stake in CISO Global during the third quarter worth $58,000. Geode Capital Management LLC lifted its stake in CISO Global by 26.7% during the fourth quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock worth $172,000 after purchasing an additional 75,367 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in CISO Global during the second quarter worth $94,000. Institutional investors and hedge funds own 40.08% of the company’s stock.

CISO Global Company Profile

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.