Commtouch Software (CTCH) to Release Earnings on Tuesday
Commtouch Software (NASDAQ:CTCH) is scheduled to announce its Q313 earnings results on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $8.00 million for the quarter.
Commtouch Software (NASDAQ:CTCH) last announced its earnings results on Tuesday, August 6th. The company reported $0.00 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.01 by $0.01. The company had revenue of $8.10 million for the quarter, compared to the consensus estimate of $8.13 million. The company’s revenue for the quarter was up 42.2% on a year-over-year basis. On average, analysts expect Commtouch Software to post $0.06 EPS for the current fiscal year and $0.17 EPS for the next fiscal year.
Commtouch Software (NASDAQ:CTCH) traded up 2.66% during mid-day trading on Monday, hitting $2.70. 48,410 shares of the company’s stock traded hands. Commtouch Software has a 1-year low of $2.02 and a 1-year high of $3.99. The stock’s 50-day moving average is $2.73 and its 200-day moving average is $2.82. The company’s market cap is $70.5 million.
Several analysts have recently commented on the stock. Analysts at Sidoti initiated coverage on shares of Commtouch Software in a research note to investors on Thursday, October 10th. They set a “buy” rating on the stock. Analysts at Chardan Capital downgraded shares of Commtouch Software from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, August 7th. They now have a $2.50 price target on the stock, down previously from $3.50.
Commtouch Software Ltd. (NASDAQ:CTCH) is a provider of messaging and Web security solutions to a range of customers and original equipment manufacturer distribution partners.
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