Bakkt (NYSE:BKKT) Posts Quarterly Earnings Results

Bakkt (NYSE:BKKT) announced its quarterly earnings data on Wednesday. The company reported ($2.95) earnings per share (EPS) for the quarter, Zacks reports. Bakkt had a negative return on equity of 62.65% and a negative net margin of 2.84%. During the same period in the prior year, the firm earned ($0.29) EPS. Bakkt updated its Q1 2025 guidance to EPS.

Bakkt Trading Down 0.8 %

NYSE BKKT opened at $9.26 on Thursday. The company has a 50-day moving average price of $17.45 and a two-hundred day moving average price of $17.51. Bakkt has a 52 week low of $5.57 and a 52 week high of $37.21. The stock has a market cap of $126.57 million, a price-to-earnings ratio of -0.76 and a beta of 5.47.

About Bakkt

Bakkt Holdings, Inc offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants.