Time Out Group (LON:TMO) Releases Quarterly Earnings Results

Time Out Group (LON:TMO) announced its quarterly earnings data on Tuesday. The company reported GBX (1.90) EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,975 million for the quarter. Time Out Group had a negative net margin of 87.11% and a negative return on equity of 22,303.85%.

Time Out Group Stock Down 5.5%

TMO stock traded down GBX 0.45 during midday trading on Thursday, reaching GBX 7.80. The company had a trading volume of 37,694 shares, compared to its average volume of 72,109. The company has a 50 day moving average of GBX 8.42 and a two-hundred day moving average of GBX 10.27. The company has a market capitalization of £40.77 million, a P/E ratio of -0.43 and a beta of 0.07. Time Out Group has a 1 year low of GBX 7.80 and a 1 year high of GBX 34. The company has a current ratio of 0.51, a quick ratio of 0.38 and a debt-to-equity ratio of -314.47.

Insider Activity

In related news, insider Matthew Robert Phillip Pritchard purchased 250,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average cost of GBX 8 per share, with a total value of £20,000. Also, insider Chris Ohlund acquired 1,250,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were purchased at an average price of GBX 8 per share, with a total value of £100,000. Insiders have purchased a total of 73,780,288 shares of company stock worth $590,242,304 in the last ninety days. Corporate insiders own 23.40% of the company’s stock.

About Time Out Group

Time Out Group is a global media and hospitality business that inspires and enables people to experience the best of the city through its two divisions – Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over the city – today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across over 350 cities in over 50 countries and across a unique multi-platform model spanning both digital and physical channels.