Alpha Modus Reports Q1 Earnings Miss

The AI-focused company's stock price drops after disappointing results.

Apr. 2, 2026 at 1:22pm

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A high-contrast, close-up image of complex financial machinery and mechanisms, such as gears, circuits, and data displays, conveying the inner workings and infrastructure of the financial system without using any text or identifiable branding.The intricate financial mechanisms behind a disappointing earnings report for a technology-focused SPAC company.Cornelius Today

Alpha Modus (NASDAQ:AMOD), a North Carolina-based blank check company, reported a loss of $0.02 per share for the first quarter of 2026, missing analyst expectations. The company's stock price opened at $0.37 on Thursday, down from a 52-week high of $2.60.

Why it matters

As a blank check or SPAC company, Alpha Modus' financial performance and stock price movements are closely watched by investors looking for promising AI and technology investments. This earnings miss could signal challenges for the company as it seeks to identify and merge with a target firm.

The details

Alpha Modus reported a loss of $0.02 per share for the first quarter, according to FiscalAI. The company's stock has seen a significant decline, opening at $0.37 on Thursday compared to a 52-week high of $2.60. Alpha Modus has a market cap of $15.61 million and a price-to-earnings ratio of -1.28.

  • Alpha Modus released its earnings results on Tuesday, April 2, 2026.
  • The company's stock opened at $0.37 on Thursday, April 4, 2026.

The players

Alpha Modus

A North Carolina-based blank check company that operates as a special purpose acquisition company (SPAC) focused on the AI and technology sectors.

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The takeaway

This earnings miss could raise concerns about Alpha Modus' ability to successfully identify and merge with a promising AI or technology target company, which is crucial for the SPAC's long-term success.