Amber Road (AMBR) Releases Q1 2019 Earnings Guidance

Amber Road (NYSE:AMBR) issued an update on its first quarter 2019 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $-0.04–0.02 for the period, compared to the Thomson Reuters consensus estimate of $-0.03. The company issued revenue guidance of $20.3-20.9 million, compared to the consensus revenue estimate of $21.42 million.Amber Road also updated its FY 2019 guidance to $-0.06-0.04 EPS.

AMBR traded up $0.03 during trading on Monday, reaching $8.81. 57,171 shares of the stock were exchanged, compared to its average volume of 46,892. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.64 and a current ratio of 0.64. Amber Road has a 1 year low of $7.60 and a 1 year high of $10.41. The company has a market cap of $244.02 million, a price-to-earnings ratio of -18.74 and a beta of 0.42.

Amber Road (NYSE:AMBR) last issued its quarterly earnings data on Thursday, November 8th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.03. Amber Road had a negative return on equity of 34.61% and a negative net margin of 11.67%. The business had revenue of $22.20 million for the quarter, compared to the consensus estimate of $21.71 million. During the same period in the prior year, the business earned ($0.02) earnings per share. The business’s revenue was up 9.9% on a year-over-year basis. On average, analysts predict that Amber Road will post -0.37 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded Amber Road from a hold rating to a buy rating and set a $9.50 price objective on the stock in a research report on Wednesday, January 23rd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $11.75.

In related news, CEO James W. Preuninger sold 30,000 shares of the company’s stock in a transaction on Friday, November 16th. The stock was sold at an average price of $8.96, for a total value of $268,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,721,057 shares in the company, valued at $15,420,670.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Thomas E. Conway sold 3,123 shares of the company’s stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $9.03, for a total value of $28,200.69. Following the completion of the transaction, the chief financial officer now owns 1,500 shares of the company’s stock, valued at $13,545. The disclosure for this sale can be found here. Insiders sold 126,061 shares of company stock worth $1,120,638 over the last 90 days. Company insiders own 15.10% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The legal version of this report can be viewed at

About Amber Road

Amber Road, Inc provides cloud-based global trade management (GTM) solutions in the United States and internationally. The company's GTM solutions include modules for logistics contract and rate management; supply chain visibility and event management; international trade compliance; and global knowledge trade content database, supply chain collaboration with overseas factories and vendors, and duty management solutions to importers and exporters, nonvessel owning common carriers (resellers), and ocean carriers.

See Also: Guidelines for Successful Channel Trading

Receive News & Ratings for Amber Road Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amber Road and related companies with's FREE daily email newsletter.

Leave a Reply