Bitcoin Depot (NASDAQ:BTM) Is Anticipated to Announce Its Earnings Results Before the Market Opens on Monday, April 20th

Bitcoin Depot (NASDAQ:BTM) is anticipated to announce its earnings results before the market opens on Monday, April 21st.

Bitcoin Depot (NASDAQ:BTM – Get Free Report) is set to report its earnings results for the fourth quarter of fiscal 2023 before the market opens on Monday, April 21st. According to a survey by Benzinga, analysts anticipate the company to announce earnings of $0.03 per share for the quarter.

Investors can listen to the company’s conference call using this link.

Bitcoin Depot (BTM) last disclosed its quarterly earnings data on Monday, March 24th. For the quarter, the company reported ($0.21) earnings per share, falling short of the consensus estimate of $0.04 by ($0.25). The company had a negative net margin of 2.28% and a negative return on equity of 488.33%. The business brought in $136.83 million in revenue for the quarter, topping the consensus estimate of $131.50 million.

Bitcoin Depot Price Performance

BTM stock opened at $1.19 on Monday. The company has a debt-to-equity ratio stands at 9.33, a quick ratio is 0.91 and a current ratio is 0.91. The stock has a market cap of $76.09 million, a price-to-earnings ratio of -1.28 and a beta is -0.26. The business has a 50 day simple moving average of $1.32 and a 200 day simple moving average of $1.57. Bitcoin Depot has a 52-week low of $0.93 and a 52-week high of $3.52.

Analysts Set New Price Targets

Check Out Our Latest Stock Analysis on BTM

Insider Transactions at Bitcoin Depot

In other news, COO Christopher Scott Buchanan sold 29,524 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $1.44, for a total value of $42,514.56. Following the completion of the transaction, the chief operating officer now owns 189,752 shares in the company, valued at $273,242.88. This trade represents a 13.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 55,000 shares of company stock valued at $77,348 in the last ninety days. 70.23% of the stock is currently owned by corporate insiders.

Bitcoin Depot Company Profile

(NASDAQ:BTM – Get Free Report) owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.