Envivio (ENVI) Releases Quarterly Earnings, Misses Estimates By $0.06 EPS
Envivio (NASDAQ:ENVI) posted its quarterly earnings results on Wednesday. The company reported ($0.13) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.07) by $0.06, American Banking and Market News reports. The company had revenue of $11.50 million for the quarter, compared to the consensus estimate of $11.78 million.
Envivio (NASDAQ:ENVI) traded up 1.06% during mid-day trading on Wednesday, hitting $1.90. 155,029 shares of the company’s stock traded hands. Envivio has a 1-year low of $1.75 and a 1-year high of $4.25. The stock has a 50-day moving average of $1.97 and a 200-day moving average of $2.59. The company’s market cap is $51.9 million.
Envivio, Inc is a provider of Internet protocol (NASDAQ:ENVI) video processing and distribution solutions, which enable the delivery of video to consumers.
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