Trend Micro (OTCMKTS:TMICY – Get Free Report) posted its quarterly earnings results on Wednesday. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.32 by $0.05, Zacks reports. Trend Micro had a net margin of 12.78% and a return on equity of 29.95%. The business had revenue of $476.13 million during the quarter, compared to the consensus estimate of $456.96 million.
Trend Micro Stock Performance
Shares of TMICY opened at $39.59 on Thursday. Trend Micro has a 1 year low of $35.22 and a 1 year high of $79.99. The stock has a market capitalization of $5.58 billion, a PE ratio of 22.24 and a beta of 0.75. The stock has a 50-day simple moving average of $40.67 and a 200-day simple moving average of $48.57.
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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