Focusrite (LON:TUNE – Get Free Report) issued its quarterly earnings results on Monday. The company reported GBX 15.04 earnings per share for the quarter, Digital Look Earnings reports. Focusrite had a net margin of 3.18% and a return on equity of 4.61%. The firm had revenue of £245.51 million during the quarter.
Focusrite Stock Up 2.6%
Shares of TUNE opened at GBX 200.02 on Monday. The company has a debt-to-equity ratio of 25.72, a quick ratio of 0.77 and a current ratio of 3.11. The company has a 50-day simple moving average of GBX 192.49 and a 200-day simple moving average of GBX 208.80. Focusrite has a 52 week low of GBX 150 and a 52 week high of GBX 255. The firm has a market capitalization of £116.16 million, a P/E ratio of 22.22, a P/E/G ratio of 2.95 and a beta of 1.08.
About Focusrite
We are a rapidly growing group of innovative, market-leading brands, operating across two divisions.
Our Content Creation division is focussed on supporting our customers throughout their music-making journey, by removing barriers to creativity and delivering everything they need to make music.
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