XIAO-I (AIXI) to Release Earnings on Wednesday

XIAO-I (NASDAQ:AIXI) is expected to be issuing its results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of ($0.54) per share and revenue of $45.4720 million for the quarter.

XIAO-I (NASDAQ:AIXI) last posted its quarterly earnings results on Wednesday, December 31st. The company reported ($1.26) earnings per share (EPS) for the quarter. The firm had revenue of $5.76 million during the quarter.

XIAO-I Stock Performance

Shares of XIAO-I stock opened at $0.76 on Monday. The stock’s fifty day moving average price is $0.45 and its 200-day moving average price is $0.58. XIAO-I has a 12 month low of $0.08 and a 12 month high of $4.02.

XIAO-I shares are set to reverse split before the market opens on Monday, May 11th. The 1-20 reverse split was announced on Thursday, April 23rd. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 8th.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wall Street Zen lowered shares of XIAO-I from a “sell” rating to a “strong sell” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XIAO-I in a research report on Friday, April 10th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, XIAO-I has an average rating of “Sell”.

XIAO-I Company Profile

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.