CyberAgent (OTCMKTS:CYAGF) Posts Earnings Results, Beats Expectations By $0.07 EPS

CyberAgent (OTCMKTS:CYAGF) announced its quarterly earnings results on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.07, Zacks reports. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion. CyberAgent had a return on equity of 18.41% and a net margin of 4.60%.

CyberAgent Price Performance

OTCMKTS:CYAGF remained flat at $8.40 during trading hours on Friday. 4 shares of the company were exchanged, compared to its average volume of 3. The company has a current ratio of 2.33, a quick ratio of 2.28 and a debt-to-equity ratio of 0.35. The company has a market cap of $4.26 billion, a P/E ratio of 15.00 and a beta of 0.33. CyberAgent has a 12-month low of $7.25 and a 12-month high of $13.00. The business has a 50 day moving average of $7.93 and a 200-day moving average of $8.77.

About CyberAgent

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.