Exodus Movement, Inc. (EXOD) Reports Q1 Loss, Misses Revenue Estimates

Company Performance - Exodus Movement, Inc. reported a quarterly loss of $0.45 per share, significantly missing the Zacks Consensus Estimate of $0.22, and a stark decline from earnings of $1.75 per share a year ago, representing an earnings surprise of -304.55% [1] - The company posted revenues of $36 million for the quarter ended March 2025, which was 10.01% below the Zacks Consensus Estimate, and an increase from $29.06 million year-over-year [2] - Over the last four quarters, Exodus Movement has only surpassed consensus EPS estimates once and has not beaten consensus revenue estimates during the same period [2] Stock Performance - Since the beginning of the year, Exodus Movement shares have increased by approximately 63.4%, contrasting with a decline of -3.8% in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $25 million, and for the current fiscal year, it is $0.40 on revenues of $120 million [7] Industry Outlook - The Internet - Software industry, to which Exodus Movement belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Exodus Movement's stock performance [5]