BSQUARE Corporation (BSQR) Announces Quarterly Earnings Results

BSQUARE Corporation (NASDAQ:BSQR) announced its earnings results on Tuesday, August 8th. The software maker reported ($0.20) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $18.85 million for the quarter. BSQUARE Corporation had a negative return on equity of 9.73% and a negative net margin of 4.10%.

BSQUARE Corporation (BSQR) opened at 5.00 on Friday. BSQUARE Corporation has a 52-week low of $3.80 and a 52-week high of $6.35. The stock’s market capitalization is $63.03 million. The company has a 50-day moving average of $5.44 and a 200-day moving average of $5.26.

In other news, Director Kendra Vandermeulen sold 16,313 shares of the stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $5.00, for a total value of $81,565.00. Following the completion of the transaction, the director now owns 126,358 shares of the company’s stock, valued at $631,790. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jerry D. Chase purchased 7,000 shares of the firm’s stock in a transaction dated Friday, August 11th. The stock was acquired at an average cost of $4.76 per share, with a total value of $33,320.00. Following the purchase, the chief executive officer now owns 95,504 shares of the company’s stock, valued at approximately $454,599.04. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 50,655 shares of company stock valued at $250,116. 8.40% of the stock is owned by company insiders.

An institutional investor recently raised its position in BSQUARE Corporation stock. Dimensional Fund Advisors LP raised its stake in BSQUARE Corporation (NASDAQ:BSQR) by 4.2% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 745,901 shares of the software maker’s stock after buying an additional 30,127 shares during the period. Dimensional Fund Advisors LP owned approximately 5.93% of BSQUARE Corporation worth $4,177,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 27.60% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This report was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this report on another site, it was stolen and republished in violation of US & international trademark & copyright law. The original version of this report can be accessed at https://www.com-unik.info/2017/08/19/bsquare-corporation-bsqr-issues-quarterly-earnings-results-updated.html.

Separately, ValuEngine upgraded shares of BSQUARE Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th.

About BSQUARE Corporation

BSQUARE Corporation is focused on providing software solutions and related engineering services to businesses that develop, market and sell dedicated purpose standalone intelligent systems. The Company’s standalone intelligent systems include smart, connected computing devices, such as smart phones, set-top boxes, point-of-sale terminals, kiosks, tablets and handheld data collection devices, as well as smart vending machines, automatic teller machine (ATM) machines, digital signs and in-vehicle telematics and entertainment devices.

Earnings History for BSQUARE Corporation (NASDAQ:BSQR)

What are top analysts saying about BSQUARE Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BSQUARE Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit