Optibase (OBAS) Posts Quarterly Earnings Results
Optibase (NASDAQ:OBAS) issued its quarterly earnings data on Friday. The company reported $0.03 EPS for the quarter, StockRatingsNetwork.com reports. The company had revenue of $3.60 million for the quarter, compared to the consensus estimate of $3.40 million.
Optibase (NASDAQ:OBAS) remained flat at $6.20 during during mid-day trading trading on Friday. Optibase has a one year low of $5.02 and a one year high of $7.09. The stock has a 50-day moving average of $6.48 and a 200-day moving average of $5.97. The company has a market cap of $31.8 million and a price-to-earnings ratio of 18.51.
Optibase, Ltd. provides server platforms that enable video streaming over IP and ATM networks for applications such as distance learning, business TV and monitoring.
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