MAM Software Group Inc. (MAMS) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS
MAM Software Group Inc. (NASDAQ:MAMS) released its earnings results on Monday. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.07. The company earned $8.06 million during the quarter, compared to analysts’ expectations of $8.07 million. MAM Software Group had a return on equity of 44.21% and a net margin of 11.03%.
MAM Software Group (NASDAQ:MAMS) opened at 6.25 on Tuesday. MAM Software Group has a 52 week low of $5.10 and a 52 week high of $7.48. The company’s 50-day moving average price is $6.13 and its 200 day moving average price is $6.06. The company has a market capitalization of $77.50 million, a PE ratio of 22.32 and a beta of 0.07.
MAMS has been the subject of several research analyst reports. Zacks Investment Research cut MAM Software Group from a “hold” rating to a “sell” rating in a research note on Wednesday, October 12th. B. Riley reiterated a “neutral” rating and set a $5.50 target price on shares of MAM Software Group in a research note on Monday, October 3rd.
MAM Software Group Company Profile
MAM Software Group, Inc is a technology holding company. The Company, through its subsidiaries, provides information management solutions and services, and cloud-based software solutions for the automotive aftermarket sector of the United States, Canada, the United Kingdom and Ireland. In the United Kingdom and Ireland, the Company also provides management solutions to businesses involved in the wholesale of construction materials.
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