AirMedia Group (AMCN) Posts Quarterly Results
AirMedia Group (NASDAQ:AMCN) issued its quarterly earnings data on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, Analyst RN reports. The company had revenue of $62.06 million for the quarter, compared to the consensus estimate of $64.35 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share.
Shares of AirMedia Group (NASDAQ:AMCN) traded up 2.82% on Monday, hitting $2.19. The stock had a trading volume of 218,586 shares. AirMedia Group has a 52-week low of $1.55 and a 52-week high of $3.24. The stock has a 50-day moving average of $2.16 and a 200-day moving average of $2.2. The company’s market cap is $130.5 million.
AirMedia Group Inc is a holding company. The Company is an operator of out-of-home advertising platforms in China.
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