Brokerages expect that Pareteum Corp (NASDAQ:TEUM) will post earnings per share of $0.01 for the current quarter, according to Zacks. Three analysts have made estimates for Pareteum’s earnings. Pareteum posted earnings of ($0.31) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 103.2%. The firm is scheduled to announce its next earnings results on Tuesday, March 26th.
On average, analysts expect that Pareteum will report full year earnings of $0.06 per share for the current year. For the next fiscal year, analysts expect that the company will post earnings of $0.12 per share, with EPS estimates ranging from $0.08 to $0.18. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Pareteum.
Pareteum (NASDAQ:TEUM) last announced its quarterly earnings data on Wednesday, November 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.05). The business had revenue of $8.01 million during the quarter, compared to analyst estimates of $8.00 million. Pareteum had a negative return on equity of 60.67% and a negative net margin of 67.83%.
Shares of TEUM traded up $0.08 during mid-day trading on Friday, hitting $2.23. The company’s stock had a trading volume of 1,834,957 shares, compared to its average volume of 1,105,745. The stock has a market capitalization of $204.51 million, a P/E ratio of -2.65 and a beta of 0.07. Pareteum has a fifty-two week low of $1.45 and a fifty-two week high of $3.59.
Pareteum Company Profile
Pareteum Corporation operates a communications cloud services platform in Europe and internationally. Its platform provides mobility, messaging, and security services and applications, with a single-sign-on, application program interface (API), and software development suite. The company's platform hosts integrated IT/back office and core network functionality for mobile network operators, as well as for enterprises to implement and leverage mobile communications solutions on a SaaS, PaaS, or IaaS basis.
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