Astro-Med (ALOT) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS
Astro-Med (NASDAQ:ALOT) released its earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.07, American Banking and Market News reports. The company had revenue of $20.80 million for the quarter, compared to the consensus estimate of $15.49 million.
Shares of Astro-Med (NASDAQ:ALOT) traded up 9.20% during mid-day trading on Thursday, hitting $14.00. The stock had a trading volume of 11,359 shares. Astro-Med has a 52 week low of $10.20 and a 52 week high of $14.83. The stock has a 50-day moving average of $12.5 and a 200-day moving average of $13.2. The company has a market cap of $106.5 million and a P/E ratio of 30.74.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 1st. Investors of record on Friday, June 13th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.18%.
Astro-Med, Inc (NASDAQ:ALOT) designs, develops, manufactures and distributes a range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies in order to acquire, store, analyze, and present data in multiple formats.
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