Vasco Data Security International (VDSI) Releases Quarterly Earnings, Misses Estimates By $0.01 EPS
Vasco Data Security International (NASDAQ:VDSI) issued its quarterly earnings data on Thursday. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.01, Stock Ratings Network reports. The company had revenue of $39.20 million for the quarter, compared to the consensus estimate of $41.40 million. During the same quarter last year, the company posted $0.12 earnings per share. Vasco Data Security International’s revenue was up 8.0% compared to the same quarter last year.
On the ratings front, analysts at Dougherty & Co raised their price target on shares of Vasco Data Security International from $9.50 to $10.00 in a research note to investors on Friday, July 26th. They now have a “buy” rating on the stock.
Vasco Data Security International (NASDAQ:VDSI) opened at 7.62 on Thursday. Vasco Data Security International has a 52-week low of $7.81 and a 52-week high of $9.95. The stock’s 50-day moving average is $8.06 and its 200-day moving average is $8.36. The company has a market cap of $296.5 million and a P/E ratio of 26.37.
VASCO Data Security International, Inc (NASDAQ:VDSI), through its operating subsidiaries, design, develop, market and support hardware and software security systems that manage and secure access to information assets.
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