WiMi Hologram Cloud (NASDAQ:WIMI) Issues Quarterly Earnings Results

WiMi Hologram Cloud (NASDAQ:WIMI) issued its quarterly earnings data on Thursday. The company reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.05, reports. The firm had revenue of $10.07 million for the quarter, compared to the consensus estimate of $123.50 million.

WiMi Hologram Cloud Price Performance

WiMi Hologram Cloud stock opened at $1.03 on Thursday. WiMi Hologram Cloud has a 12 month low of $1.00 and a 12 month high of $5.65. The stock has a fifty day simple moving average of $1.26 and a two-hundred day simple moving average of $1.56.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of WiMi Hologram Cloud in a research report on Friday, July 17th. Wall Street Zen raised shares of WiMi Hologram Cloud to a “hold” rating in a research report on Saturday, May 23rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

WiMi Hologram Cloud Company Profile

WiMi Hologram Cloud Inc is a technology company specializing in the development and delivery of cloud-based holographic augmented reality (AR) solutions. Its core offering is a proprietary holographic cloud platform that integrates advanced computer vision, artificial intelligence and 3D rendering algorithms to power immersive AR experiences. The company’s services span content creation, distribution and deployment, enabling enterprises and developers to integrate holographic effects into applications ranging from live streaming and virtual events to interactive advertising campaigns.

Through its platform, WiMi Hologram Cloud distributes a digital library of holographic assets—such as 3D models, animations and special effects—that can be accessed on demand.