WM Technology (NASDAQ:MAPS) Announces Earnings Results, Misses Estimates By $0.02 EPS

WM Technology (NASDAQ:MAPS) released its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), Zacks reports. WM Technology had a negative net margin of 1.02% and a negative return on equity of 1.68%. The business had revenue of $47.67 million during the quarter, compared to analysts’ expectations of $46.00 million. WM Technology updated its Q1 2025 guidance to EPS.

WM Technology Trading Up 6.8 %

WM Technology stock opened at $1.25 on Friday. WM Technology has a 1-year low of $0.70 and a 1-year high of $1.65. The firm has a market capitalization of $191.08 million, a price-to-earnings ratio of -41.65 and a beta of 0.93. The firm has a 50 day simple moving average of $1.34 and a 200 day simple moving average of $1.16.

Analysts Set New Price Targets

Separately, Westpark Capital reiterated a “buy” rating and issued a $2.61 price objective on shares of WM Technology in a research note on Tuesday.

WM Technology Company Profile

WM Technology, Inc provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.