Cyren logo
Image credit: source

Cyren (NASDAQ:CYRN) announced its quarterly earnings data on Wednesday, February 13th. The technology company reported ($0.08) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.08), Morningstar.com reports. Cyren had a negative net margin of 54.78% and a negative return on equity of 44.27%. The firm had revenue of $9.51 million during the quarter.

Shares of Cyren stock opened at $2.50 on Friday. Cyren has a 12 month low of $2.10 and a 12 month high of $3.79.

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in shares of Cyren during the fourth quarter worth approximately $64,000. White Pine Capital LLC lifted its stake in Cyren by 2.3% during the 4th quarter. White Pine Capital LLC now owns 389,900 shares of the technology company’s stock worth $1,170,000 after acquiring an additional 8,800 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Cyren by 3.8% during the 3rd quarter. Renaissance Technologies LLC now owns 608,833 shares of the technology company’s stock worth $1,918,000 after acquiring an additional 22,400 shares in the last quarter. Hedge funds and other institutional investors own 57.24% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Cyren (NASDAQ:CYRN) Issues Earnings Results” was published by Fairfield Current and is the sole property of of Fairfield Current. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at https://www.fairfieldcurrent.com/news/2019/03/01/cyren-cyrn-issues-quarterly-earnings-results.html.

Cyren Company Profile

CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions worldwide. The company operates Cyren Cloud Security, a SaaS security platform, which provides Internet security services, including Web Security that provides the enforcement of Web policy and state-of-the-art threat protection for business users; DNS Security, which allows businesses to protect employees at headquarters, visitors in remote offices, customers at retail stores, or students on a campus; Email Security, a cloud-based secure email gateway; and Cloud Sandboxing that protects businesses against breaches and data loss from threats.

Recommended Story: What is a capital gain?

Earnings History for Cyren (NASDAQ:CYRN)

Receive News & Ratings for Cyren Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Cyren and related companies with MarketBeat.com’s FREE daily email newsletter.

(Excerpt) Read more Here | 2019-03-01 09:53:21

LEAVE A REPLY

Please enter your comment!
Please enter your name here