INNOVATE (VATE) to Release Earnings on Tuesday

INNOVATE (NYSE:VATE) will be issuing its quarterly earnings data after the market closes on Tuesday, May 7th. Parties that are interested in participating in the company’s conference call can do so using this link.

INNOVATE (NYSE:VATE) last released its earnings results on Monday, March 4th. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $361.00 million for the quarter.

INNOVATE Trading Up 5.0 %

Shares of VATE traded up $0.03 during trading hours on Tuesday, reaching $0.67. 73,772 shares of the stock traded hands, compared to its average volume of 222,443. INNOVATE has a 52-week low of $0.53 and a 52-week high of $2.87. The company’s 50-day moving average price is $0.69 and its two-hundred day moving average price is $0.96. The company has a market cap of $52.87 million, a P/E ratio of -1.35 and a beta of 2.10.

About INNOVATE

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants.