Inpixon (NASDAQ: INPX) is having an incredibly strong start to the trading session this morning, and for good reason. The company announced that it will soon be reporting its earnings for the full year of 2017 and the fourth quarter of 2017, leading to excitement among investors and sending the stock screaming for the top. Today, we’ll talk about the announcement, what we’re seeing from INPX, and what we’ll be watching for ahead.
INPX Announces Coming Earnings Release
As mentioned above, Inpixon is having a strong trading session in the market today after announcing that it will be reporting financial results soon. In a press release issued early this morning, the company said that on March 22, 2018, at 4:05 PM ET, it will be releasing 2017 Fiscal Year End financial results for the period ending December 31, 2017. Along with earnings, INPX will be providing an update with regard to corporate development.
Also, the company announced that management will be hosting a call on March 22, 2018, at 4:30 PM ET. The call is designed to review the financial results and corporate highlights that will be released just 25 minutes prior. If you would like to join the INPX conference call, you can do so by calling (844) 824-3831 from the United States or 1 (412) 317-5141 internationally. Also, the call can be accessed through a live webcast at this link.
What We’re Seeing From The Stock
One thing is definitely clear, investors are excited about the coming earnings release. This can be seen by the strong movement we’re seeing from Inpixon early in the trading session this morning. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:36), INPX is trading at $1.30 per share after a gain of $0.09 per share (7.45%) thus far today.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on INPX. In particular, we’ll be keeping a close eye on activities leading up to the earnings report as well as the results released by the company. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!
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