Astea International (ATEA) Announces Earnings Results

Astea International (OTCMKTS:ATEA) released its earnings results on Wednesday. The software maker reported ($0.02) earnings per share (EPS) for the quarter, Morningstar.com reports. Astea International had a negative return on equity of 5.66% and a net margin of 0.87%. The firm had revenue of $6.62 million during the quarter.

OTCMKTS:ATEA traded down $0.01 during trading hours on Thursday, reaching $6.14. The stock had a trading volume of 440 shares, compared to its average volume of 643. Astea International has a 12-month low of $1.25 and a 12-month high of $9.09.

In other news, major shareholder David Kanen bought 8,000 shares of the firm’s stock in a transaction on Friday, March 29th. The stock was acquired at an average cost of $5.66 per share, with a total value of $45,280.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 57.10% of the company’s stock.

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Astea International Company Profile

Astea International Inc develops, markets, and supports service management software solutions worldwide. It offers Astea Alliance, a service management software that addresses the service lifecycle applications, including lead generation, project quotation, service and billing, and asset retirement; and integrates and optimizes business processes for campaigns, call center, depot repair, field service, logistics, projects, and sales and order processing applications.

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Earnings History for Astea International (OTCMKTS:ATEA)

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