American Electric Technologies Inc. (AETI) Releases Quarterly Earnings Results, Misses Estimates By $0.37 EPS
American Electric Technologies Inc. (NASDAQ:AETI) released its quarterly earnings results on Monday. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.37. The firm had revenue of $8.70 million for the quarter, compared to the consensus estimate of $11.40 million. American Electric Technologies had a negative net margin of 14.91% and a negative return on equity of 34.43%.
American Electric Technologies (NASDAQ:AETI) opened at 1.60 on Monday. The company’s market capitalization is $13.33 million. The stock’s 50 day moving average price is $2.22 and its 200 day moving average price is $2.52. American Electric Technologies has a 12-month low of $1.60 and a 12-month high of $5.15.
American Electric Technologies Company Profile
American Electric Technologies, Inc is a provider of power delivery solutions to the global energy industry. The Company serves a range of markets, such as power generation and distribution, oil and gas, and marine and industrial. It provides power delivery solutions for the power generation and distribution market sectors.
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