Genius Group (NYSEAMERICAN:GNS) Posts Earnings Results, Meets Estimates

Genius Group (NYSEAMERICAN:GNS) posted its quarterly earnings data on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03), FiscalAI reports. The company had revenue of $3.10 million for the quarter, compared to analysts’ expectations of $9.07 million.

Genius Group Stock Performance

Genius Group stock opened at $0.16 on Monday. The business’s 50 day simple moving average is $0.16 and its 200 day simple moving average is $0.24. Genius Group has a 12 month low of $0.14 and a 12 month high of $1.06.

Genius Group announced that its board has approved a share repurchase program on Monday, June 8th that authorizes the company to repurchase 13,200,000 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

About Genius Group

Genius Group Limited is a Singapore-based education technology company focused on entrepreneurship and professional development. The company operates an education ecosystem designed to support learners, entrepreneurs and business leaders through online learning, mentoring, events and other educational resources.

Its primary platform, GeniusU, provides access to courses, learning pathways, mentoring programs, workshops and a global community for entrepreneurs. Genius Group also offers education and training through related institutions, partnerships and experiential programs, with content covering entrepreneurship, business skills, leadership, technology and personal development.

The company serves students and entrepreneurs internationally through digital platforms and a network of education, business and community initiatives.