Amber Road (AMBR) Releases Q4 2018 Earnings Guidance

Amber Road (NYSE:AMBR) updated its fourth quarter 2018 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $-0.05–0.03 for the period, compared to the Thomson Reuters consensus estimate of $-0.03. The company issued revenue guidance of $21.1-21.7 million, compared to the consensus revenue estimate of $22.56 million.Amber Road also updated its FY 2018 guidance to $-0.1–0.08 EPS.

A number of brokerages have weighed in on AMBR. Zacks Investment Research lowered shares of Amber Road from a buy rating to a hold rating in a research note on Tuesday, October 9th. ValuEngine upgraded shares of Amber Road from a hold rating to a buy rating in a research note on Wednesday, September 12th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $11.75.

Shares of AMBR opened at $8.75 on Friday. The firm has a market cap of $254.57 million, a price-to-earnings ratio of -18.62 and a beta of 0.35. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.69. Amber Road has a 1-year low of $6.14 and a 1-year high of $10.41.

Amber Road (NYSE:AMBR) last posted its quarterly earnings data on Thursday, November 8th. The software maker reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.03. The firm had revenue of $22.20 million during the quarter, compared to analyst estimates of $21.71 million. Amber Road had a negative return on equity of 38.21% and a negative net margin of 12.71%. Amber Road’s revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the business posted ($0.02) EPS. Sell-side analysts expect that Amber Road will post -0.4 earnings per share for the current year.

In other news, CEO James W. Preuninger sold 20,000 shares of the company’s stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $8.91, for a total value of $178,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas E. Conway sold 33,400 shares of the company’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $9.37, for a total value of $312,958.00. Following the completion of the sale, the chief financial officer now owns 33,400 shares of the company’s stock, valued at $312,958. The disclosure for this sale can be found here. Insiders sold a total of 90,625 shares of company stock valued at $834,932 over the last 90 days. 15.10% of the stock is currently owned by company insiders.

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Amber Road Company Profile

Amber Road, Inc provides cloud-based global trade management (GTM) solutions in the United States and internationally. The company's GTM solutions include modules for logistics contract and rate management; supply chain visibility and event management; international trade compliance; and global knowledge trade content database, supply chain collaboration with overseas factories and vendors, and duty management solutions to importers and exporters, nonvessel owning common carriers (resellers), and ocean carriers.

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