Shares of CYREN (NASDAQ:CYRN) remained unaffected at $1.06 after the company reported Q1 results.
Earnings per share were up 37.50% year over year to ($0.05), which beat the estimate of ($0.06).
Revenue of $9,649,000 less by 0.06% from the same period last year, which missed the estimate of $9,650,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: May 13, 2020
Time: 07:53 PM ET
Webcast URL: https://webcasts.eqs.com/register/cyren20200513/en
52-week high: $1.99
Company's 52-week low was at $0.31
Price action over last quarter: Up 45.19%
CYREN Ltd provides information security solutions for protecting the web, email, and mobile transactions. It is a security as a service provider of cloud-based security technology solutions that mitigate cyber threats, advanced malware attacks, information leaks, legal liability, and productivity loss through the application of cyber intelligence. The firm's customers include OEM and service provider distribution partners and service providers. Its products and services are categorized in security as a service, cyber intelligence suite, and embedded threat intelligence services. The company derives its revenues from the sale of real-time cloud-based services.