Mattersight (MATR) Posts Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Mattersight (NASDAQ:MATR) announced its earnings results on Wednesday. The software maker reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.05, reports.

Shares of Mattersight (MATR) traded down $0.05 during trading on Wednesday, hitting $2.50. The stock had a trading volume of 43,239 shares, compared to its average volume of 55,158. Mattersight has a 1 year low of $2.10 and a 1 year high of $4.05. The stock has a market cap of $81.83, a price-to-earnings ratio of -3.91 and a beta of 0.07. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of -2.61.

Separately, Zacks Investment Research lowered Mattersight from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th.

A hedge fund recently raised its stake in Mattersight stock. Northern Trust Corp increased its position in Mattersight Corp (NASDAQ:MATR) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 40,827 shares of the software maker’s stock after acquiring an additional 1,628 shares during the quarter. Northern Trust Corp owned about 0.12% of Mattersight worth $104,000 as of its most recent SEC filing. Institutional investors own 36.21% of the company’s stock.

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Mattersight Company Profile

Mattersight Corporation offers behavioral analytics and provides personality-based software products. The Company uses various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics (collectively, Behavioral Analytics) to analyze and predict customer behavior based on the language exchanged between agents and customers during brand interactions.

Earnings History for Mattersight (NASDAQ:MATR)

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