CyberAgent (OTCMKTS:CYGIY) Announces Quarterly Earnings Results

CyberAgent (OTCMKTS:CYGIY) issued its quarterly earnings results on Friday. The company reported $0.08 earnings per share for the quarter, Zacks reports. The company had revenue of $1.51 billion for the quarter. CyberAgent had a return on equity of 14.04% and a net margin of 3.62%.

CyberAgent Stock Up 8.8%

CYGIY stock opened at $4.57 on Friday. The company’s 50 day moving average price is $5.06 and its 200 day moving average price is $5.56. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.14 and a current ratio of 2.19. CyberAgent has a fifty-two week low of $4.20 and a fifty-two week high of $4.82. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 22.85 and a beta of 0.59.

About CyberAgent

CyberAgent, Inc is a Tokyo‐based digital services company known for its diversified operations in online advertising, media content, and mobile gaming. Founded in 1998 by Susumu Fujita, the company pioneered performance‐based internet advertising in Japan and quickly expanded its reach. CyberAgent operates as a publicly traded entity on the Tokyo Stock Exchange and maintains an American Depositary Receipt (ADR) program under the ticker CYGIY on the OTC Markets.

In its advertising segment, CyberAgent provides a comprehensive suite of digital marketing solutions, including programmatic ad buying, influencer marketing, and data analytics.