BSQUARE (NASDAQ:BSQR) Issues Earnings Results

BSQUARE (NASDAQ:BSQR) posted its quarterly earnings results on Monday. The software maker reported ($0.19) earnings per share for the quarter, Morningstar.com reports. BSQUARE had a negative net margin of 20.86% and a negative return on equity of 49.88%. The business had revenue of $14.18 million during the quarter. BSQUARE updated its Q3 2019 guidance to EPS.

BSQR traded down $0.12 during trading hours on Tuesday, reaching $1.22. The company’s stock had a trading volume of 1,829 shares, compared to its average volume of 23,331. BSQUARE has a 52 week low of $1.16 and a 52 week high of $2.85. The company’s 50-day simple moving average is $1.24. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.02.

Separately, ValuEngine upgraded BSQUARE from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.

In other BSQUARE news, Director Ryan L. Vardeman purchased 61,205 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The shares were acquired at an average price of $1.51 per share, for a total transaction of $92,419.55. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 13.80% of the stock is currently owned by corporate insiders.

About BSQUARE

BSQUARE Corporation provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems in North America, Europe, and Asia. The company offers DataV software solution, which addresses various business use cases specific to Industrial Internet of Things (IIoT) applications, including predictive failure, adaptive diagnostics, and IIoT device management.

Further Reading: How is diluted EPS different from basic EPS?

Earnings History for BSQUARE (NASDAQ:BSQR)

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