Trend Micro (OTCMKTS:TMICY) Issues Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Trend Micro (OTCMKTS:TMICY) announced its quarterly earnings data on Wednesday. The technology company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05, Zacks reports. Trend Micro had a net margin of 12.78% and a return on equity of 29.95%. The firm had revenue of $476.13 million during the quarter, compared to the consensus estimate of $456.96 million.

Trend Micro Price Performance

Shares of OTCMKTS TMICY traded up $1.08 during trading on Wednesday, hitting $38.06. 1,760 shares of the company were exchanged, compared to its average volume of 44,342. Trend Micro has a 1 year low of $35.22 and a 1 year high of $79.99. The company has a market cap of $5.36 billion, a price-to-earnings ratio of 21.38 and a beta of 0.75. The firm’s fifty day moving average price is $40.75 and its 200 day moving average price is $48.63.

Trend Micro Company Profile

Trend Micro Incorporated is a global cybersecurity company that develops software and services to protect data and networks from evolving digital threats. Headquartered in Tokyo, Japan, with additional offices in North America, Europe and Asia-Pacific, the company offers solutions designed to safeguard businesses, governments and individual users. Since its founding in 1988, Trend Micro has focused on leveraging advanced threat intelligence and machine learning to deliver proactive security measures.

The company’s product portfolio spans endpoint security, network defense, cloud security and threat intelligence services.