MIAMI, FL, August 12, 2024 – SKYX Platforms Corp.
Company to Provide Corporate Updates Including Second Quarter 2024 Financial Results; Conference Call to be Held on Monday, August 12, 2024 at 4:30 PM Eastern Time Miami, August 7, 2024 – SKYX (NASDAQ: SKYX) (d/b/a “SKYX Technologies”), a highly disruptive smart platform technology company with over 97 issued and pending patents in the U.S.
SKYX will Offer a Variety of its Advanced and Smart Plug & Play Products including Retrofit Kits, Smart Light Fixtures, Smart Ceiling Fans, Ceiling Outlet Receptacles, Recessed Lights and More Miami, FL, July 30, 2024 – SKYX (NASDAQ: SKYX) (d/b/a “SKYX Technologies”), a highly disruptive smart platform technology company with over 94 issued and
The Global Recessed Light Market is a Multi-Billion Unit Market As SKYX Continues to Grow its Market Penetration it Expects its Recessed Light to Significantly Contribute to Growth SKYX's New Plug & Play Recessed Light Global Patents include the U.S.
SKYX Platforms Corp. (NASDAQ:SKYX – Free Report) – Equities researchers at Noble Financial issued their Q2 2024 earnings estimates for shares of SKYX Platforms in a research report issued to clients and investors on Wednesday, May 15th. Noble Financial analyst P. Mccann anticipates that the company will earn ($0.11) per share for the quarter. Noble Financial has a “Outperform” rating and a $5.00 price target on the stock. The consensus estimate for SKYX Platforms’ current full-year earnings is ($0.40) per share. Noble Financial also issued estimates for SKYX Platforms’ Q3 2024 earnings at ($0.10) EPS, Q4 2024 earnings at ($0.09) EPS, FY2024 earnings at ($0.40) EPS and FY2025 earnings at ($0.22) EPS. SKYX Platforms (NASDAQ:SKYX – Get Free Report) last released its earnings results on Monday, April 1st. The company reported ($0.14) EPS for the quarter. The company had revenue of $22.17 million for the quarter. SKYX Platforms had a negative net margin of 53.31% and a negative return on equity of 251.77%. SKYX Platforms Price Performance NASDAQ:SKYX opened at $1.01 on Monday. The stock has a market cap of $101.03 million, a P/E ratio of -2.20 and a beta of -2,609.10. SKYX Platforms has a one year low of $0.72 and a one year high of $3.49. The company has a fifty day moving average price of $1.09 and a 200 day moving average price of $1.39. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.05 and a quick ratio of 0.99. Hedge Funds Weigh In On SKYX Platforms A number of hedge funds have recently made changes to their positions in SKYX. Private Advisor Group LLC raised its stake in shares of SKYX Platforms by 37.2% in the 3rd quarter. Private Advisor Group LLC now owns 29,500 shares of the company’s stock valued at $42,000 after buying an additional 8,000 shares in the last quarter. SlateStone Wealth LLC raised its stake in shares of SKYX Platforms by 1,496.6% in the 4th quarter. SlateStone Wealth LLC now owns 369,609 shares of the company’s stock valued at $591,000 after buying an additional 346,459 shares in the last quarter. Cantor Fitzgerald L. P. acquired a new position in shares of SKYX Platforms in the 4th quarter valued at $85,000. Newbridge Financial Services Group Inc. raised its stake in shares of SKYX Platforms by 37.4% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 32,788 shares of the company’s stock valued at $52,000 after buying an additional 8,928 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY raised its stake in shares of SKYX Platforms by 333.3% in the 1st quarter. Matrix Asset Advisors Inc. NY now owns 65,000 shares of the company’s stock valued at $85,000 after buying an additional 50,000 shares in the last quarter. Institutional investors and hedge funds own 11.79% of the company’s stock. SKYX Platforms Company Profile (Get Free Report) SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products.