Equities analysts expect that ConvergeOne Holdings (NASDAQ:CVON) will announce earnings per share (EPS) of $0.13 for the current quarter, Zacks reports. Two analysts have issued estimates for ConvergeOne’s earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.13. The business is expected to issue its next earnings report on Tuesday, June 19th.
On average, analysts expect that ConvergeOne will report full year earnings of $1.05 per share for the current fiscal year, with EPS estimates ranging from $1.04 to $1.05. For the next year, analysts forecast that the company will post earnings of $1.13 per share, with EPS estimates ranging from $1.10 to $1.16. Zacks’ EPS averages are an average based on a survey of analysts that cover ConvergeOne.
ConvergeOne (NASDAQ:CVON) last announced its quarterly earnings data on Tuesday, March 20th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $299.23 million during the quarter.
CVON traded down $0.11 during trading on Friday, reaching $8.74. The company’s stock had a trading volume of 34,130 shares, compared to its average volume of 29,608. ConvergeOne has a 52-week low of $7.95 and a 52-week high of $10.83. The firm has a market capitalization of $1,978.64 and a PE ratio of 23.00.
In other news, Director Richard Katzman purchased 125,000 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were acquired at an average price of $8.00 per share, with a total value of $1,000,000.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
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ConvergeOne Holdings, Inc provides collaboration and technology solutions for large and medium enterprises. It offers cloud solutions, such as C1CX, a collaboration solution spanning unified communications and contact centers with software applications, integration, and professional services; hosted collaboration solutions; and any communications as a service solution.
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