System1 (SST) Scheduled to Post Quarterly Earnings on Thursday

System1 (NYSE:SST) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 8th. System1 has set its Q2 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

System1 (NYSE:SST) last posted its earnings results on Thursday, May 9th. The company reported ($0.45) earnings per share for the quarter. System1 had a negative return on equity of 42.08% and a negative net margin of 49.23%. The company had revenue of $84.92 million during the quarter.

System1 Trading Down 3.0 %

Shares of SST stock opened at $1.12 on Wednesday. System1 has a 12 month low of $1.04 and a 12 month high of $3.02. The company has a market cap of $100.47 million, a PE ratio of -0.49 and a beta of 1.35. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.67. The business’s 50 day moving average is $1.41 and its two-hundred day moving average is $1.64.

Insider Buying and Selling

In related news, major shareholder Lone Star Friends Trust sold 4,775,000 shares of System1 stock in a transaction on Monday, June 17th. The shares were sold at an average price of $1.50, for a total value of $7,162,500.00. Following the transaction, the insider now owns 956,423 shares in the company, valued at approximately $1,434,634.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, major shareholder Cee Holdings Trust bought 43,307 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The shares were acquired at an average price of $1.45 per share, with a total value of $62,795.15. Following the completion of the transaction, the insider now owns 8,288,256 shares of the company’s stock, valued at approximately $12,017,971.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Lone Star Friends Trust sold 4,775,000 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of $1.50, for a total transaction of $7,162,500.00. Following the completion of the sale, the insider now directly owns 956,423 shares of the company’s stock, valued at $1,434,634.50. The disclosure for this sale can be found here. In the last three months, insiders bought 191,283 shares of company stock valued at $276,697. Company insiders own 28.30% of the company’s stock.

About System1

System1, Inc provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States, the United Kingdom, Canada, the Netherlands, and internationally. It operates through two segments: Owned and Operated Advertising, and Partner Network.