CIBER (CBR) Announces Quarterly Results
CIBER (NYSE:CBR) issued its quarterly earnings data on Tuesday. The company reported $0.02 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.04 by $0.02, Analyst Ratings Network reports. The company had revenue of $215.10 million for the quarter, compared to the consensus estimate of $221.40 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis.
Shares of CIBER (NYSE:CBR) opened at 3.36 on Tuesday. CIBER has a 1-year low of $2.70 and a 1-year high of $4.99. The stock’s 50-day moving average is $3.6 and its 200-day moving average is $4.04. The company’s market cap is $251.6 million.
On the ratings front, analysts at Zacks upgraded shares of CIBER from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, July 31st. They now have a $4.40 price target on the stock.
CIBER, Inc (NYSE:CBR) is a provider of information technology (IT), business consulting and outsourcing services.
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