Trend Micro (OTCMKTS:TMICY – Get Free Report) posted its quarterly earnings results on Thursday. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.03, Zacks reports. The company had revenue of $467.01 million during the quarter, compared to the consensus estimate of $455.87 million. Trend Micro had a return on equity of 29.39% and a net margin of 13.23%.
Trend Micro Price Performance
TMICY opened at $35.18 on Friday. The stock’s 50 day simple moving average is $34.39 and its 200 day simple moving average is $40.17. Trend Micro has a 1 year low of $31.09 and a 1 year high of $79.99. The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 18.71 and a beta of 0.77.
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.
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