FiscalNote (NOTE) to Release Earnings on Thursday

FiscalNote (NYSE:NOTE) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect FiscalNote to post earnings of ($0.13) per share for the quarter. FiscalNote has set its FY 2024 guidance at EPS and its Q2 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

FiscalNote (NYSE:NOTE) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.05. The firm had revenue of $32.11 million for the quarter, compared to the consensus estimate of $30.89 million. FiscalNote had a negative net margin of 48.89% and a negative return on equity of 141.98%. During the same period last year, the firm earned ($0.11) EPS. On average, analysts expect FiscalNote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

FiscalNote Price Performance

Shares of NOTE stock traded up $0.12 on Tuesday, hitting $1.44. 171,200 shares of the stock traded hands, compared to its average volume of 798,947. The firm has a market cap of $192.83 million, a price-to-earnings ratio of -3.95 and a beta of 0.45. FiscalNote has a 52 week low of $0.65 and a 52 week high of $3.64. The firm has a 50 day simple moving average of $1.53 and a two-hundred day simple moving average of $1.47. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.09 and a quick ratio of 1.09.

Insider Activity

In other news, CEO Tim Hwang sold 54,329 shares of the firm’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $1.42, for a total transaction of $77,147.18. Following the sale, the chief executive officer now directly owns 2,662,043 shares in the company, valued at approximately $3,780,101.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 132,040 shares of company stock worth $188,249 in the last three months. Company insiders own 47.59% of the company’s stock.

FiscalNote Company Profile

FiscalNote Holdings, Inc operates as technology company North America, Europe, Australia, and Asia. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company also delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships.