Mandalay Digital Group (MNDL) Announces Quarterly Earnings, Misses Expectations By $0.02 EPS
Mandalay Digital Group (NASDAQ:MNDL) announced its earnings results on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.02, ARN reports. The company had revenue of $5.55 million for the quarter, compared to the consensus estimate of $7.07 million.
Shares of Mandalay Digital Group (NASDAQ:MNDL) traded up 4.17% on Thursday, hitting $3.50. 343,093 shares of the company’s stock traded hands. Mandalay Digital Group has a 1-year low of $2.28 and a 1-year high of $4.89. The stock’s 50-day moving average is $3.79 and its 200-day moving average is $3.82. The company’s market cap is $131.0 million.
Mandalay Digital Group, Inc (NASDAQ:MNDL), formerly NeuMedia, Inc, is a provider of mobile services enabling mobile content distribution and transactions serving mobile operators, end consumers, and original equipment manufacturers (OEM’s) of mobile devices and tablets.
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