SysGroup (SYS) Releases Quarterly Earnings Results

SysGroup (LON:SYS) posted its quarterly earnings results on Wednesday. The company reported GBX 0.80 ($0.01) EPS for the quarter, Bloomberg Earnings reports. SysGroup had a negative return on equity of 10.39% and a negative net margin of 13.02%. The business had revenue of £393 million for the quarter.

SysGroup (LON:SYS) opened at GBX 32.12 ($0.43) on Wednesday. SysGroup has a fifty-two week low of GBX 32.19 ($0.43) and a fifty-two week high of GBX 54.25 ($0.73).

Separately, Shore Capital reiterated a “house stock” rating on shares of SysGroup in a report on Tuesday, October 31st.

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SysGroup Company Profile

SysGroup PLC, formerly Daily Internet Plc, is engaged in the provision of information technology (IT) managed services. The Company is an Internet hosting and cloud Infrastructure as a Service (IaaS) provider. It operates through two segments: SME Hosting and Managed Hosting. Its SME Hosting segment provides a range of virtual private server (VPS), shared hosting, e-mail and domain registration services to individuals and small and medium-sized enterprises (SMEs).

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