BSQUARE (NASDAQ:BSQR) Posts Earnings Results

BSQUARE (NASDAQ:BSQR) released its quarterly earnings results on Monday. The software maker reported ($0.19) earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $14.18 million during the quarter. BSQUARE had a negative net margin of 20.86% and a negative return on equity of 49.88%. BSQUARE updated its Q3 2019 guidance to EPS.

NASDAQ:BSQR traded down $0.12 during trading hours on Tuesday, reaching $1.22. 1,829 shares of the stock were exchanged, compared to its average volume of 23,331. BSQUARE has a twelve month low of $1.16 and a twelve month high of $2.85. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.02. The company’s 50 day simple moving average is $1.24.

In related news, Director Ryan L. Vardeman acquired 61,205 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were bought at an average price of $1.51 per share, for a total transaction of $92,419.55. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 13.80% of the company’s stock.

Separately, ValuEngine upgraded BSQUARE from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st.

About BSQUARE

BSQUARE Corporation provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems in North America, Europe, and Asia. The company offers DataV software solution, which addresses various business use cases specific to Industrial Internet of Things (IIoT) applications, including predictive failure, adaptive diagnostics, and IIoT device management.

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Earnings History for BSQUARE (NASDAQ:BSQR)

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