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.
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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.
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