Tremor Video, Inc. (TLRA) to Release Quarterly Earnings on Wednesday
Tremor Video, Inc. (NYSE:TLRA) is set to issue its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of ($0.05) per share for the quarter.
Tremor Video (NYSE:TLRA) last announced its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.09) by $0.04. Tremor Video had a negative return on equity of 16.72% and a negative net margin of 7.11%. The business had revenue of $48.90 million during the quarter, compared to the consensus estimate of $43.46 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. Tremor Video’s revenue was up 31.8% compared to the same quarter last year. On average, analysts expect Tremor Video to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Tremor Video, Inc. (TLRA) opened at 4.47 on Wednesday. Tremor Video, Inc. has a one year low of $1.60 and a one year high of $5.10. The company’s market cap is $225.66 million. The company’s 50-day moving average price is $4.25 and its 200 day moving average price is $2.89.
Several analysts recently commented on TLRA shares. ValuEngine lowered Tremor Video from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Canaccord Genuity lifted their price objective on Tremor Video from $4.00 to $5.00 and gave the stock a “buy” rating in a report on Wednesday, September 27th.
In other news, CEO Mark Zagorski acquired 41,865 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average price of $2.42 per share, with a total value of $101,313.30. Following the completion of the acquisition, the chief executive officer now directly owns 41,865 shares of the company’s stock, valued at approximately $101,313.30. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 8.20% of the company’s stock.
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Tremor Video Company Profile
Telaria, Inc, formerly Tremor Video, Inc, is a software company. The Company provides a data-driven software platform. The Company’s Telaria is designed to monetize and manage premium video inventory wherever and however audiences are watching. The solutions offered by the Company includes programmatic live television, market updates, device-specific reporting, over-the-top content (OTT) specific features, monitor buying patterns, revenue capture, live insights and letter revenue decisions.
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