VS MEDIA (NASDAQ:VSME) Posts Earnings Results

VS MEDIA (NASDAQ:VSME) released its quarterly earnings results on Thursday. The company reported ($0.05) EPS for the quarter, reports. The firm had revenue of $1.68 million for the quarter.

VS MEDIA Price Performance

NASDAQ VSME traded down $0.01 on Thursday, hitting $0.91. 23,758 shares of the company traded hands, compared to its average volume of 2,784,769. The business’s 50 day moving average price is $1.10 and its 200-day moving average price is $1.20. VS MEDIA has a 52-week low of $0.68 and a 52-week high of $53.60.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of VS MEDIA from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

VS MEDIA Company Profile

VS MEDIA (NASDAQ: VSME) is a digital marketing and influencer management company that connects brands with social media creators. Through its technology-enabled platform, the company helps businesses identify suitable influencers and develop campaigns designed to reach targeted audiences through branded content and social media channels.

VS MEDIA’s services include influencer selection, campaign planning, content creation, campaign execution and performance analysis. The platform also supports creators by providing opportunities to collaborate with brands and monetize their online audiences.

The company serves clients and creators primarily across Greater China and Southeast Asia, including markets such as Hong Kong and Singapore.