FreeAgent (FREE) Posts Earnings Results

FreeAgent (LON:FREE) announced its earnings results on Tuesday. The company reported GBX (2) (($0.03)) earnings per share for the quarter, Bloomberg Earnings reports. FreeAgent had a negative net margin of 35.60% and a negative return on equity of 123.93%. The business had revenue of £461 million for the quarter.

Shares of FreeAgent (FREE) traded up GBX 2.50 ($0.03) during midday trading on Thursday, hitting GBX 77.50 ($1.04). 11,014 shares of the company’s stock were exchanged, compared to its average volume of 16,467. FreeAgent has a fifty-two week low of GBX 66 ($0.89) and a fifty-two week high of GBX 145.01 ($1.95).

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About FreeAgent

FreeAgent Holdings plc is a holding company. The Company is a provider of cloud-based software-as-a-service (SaaS) accounting software solutions and mobile applications designed specifically for the United Kingdom micro-businesses. It is engaged in the development and provision of the FreeAgent SaaS solution.

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