Trend Micro Inc. (OTCMKTS:TMICY) Posts Earnings Results, Hits Expectations

Trend Micro Inc. (OTCMKTS:TMICY) announced its quarterly earnings results on Wednesday, August 9th. The technology company reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39, MarketWatch Earnings reports. Trend Micro had a net margin of 19.36% and a return on equity of 17.49%. The firm had revenue of $318.61 million during the quarter, compared to the consensus estimate of $313.45 million.

Shares of Trend Micro (OTCMKTS TMICY) traded down 0.91% during trading on Friday, hitting $46.80. 1,864 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $50.11 and its 200-day moving average price is $46.72. The stock has a market cap of $6.43 billion, a PE ratio of 25.96 and a beta of 0.55. Trend Micro has a 1-year low of $32.95 and a 1-year high of $53.20.

Separately, Zacks Investment Research raised shares of Trend Micro from a “sell” rating to a “hold” rating in a report on Tuesday, May 23rd.

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Trend Micro Company Profile

Trend Micro Incorporated is engaged in the development and sale of security-related software for computers and the Internet. The Company provides server security, cloud security and small business content security. The Company’s segments include Japan, North America, Europe, Asia Pacific and Latin America.

Earnings History for Trend Micro (OTCMKTS:TMICY)

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