CyberAgent (OTCMKTS:CYAGF) Releases Quarterly Earnings Results

CyberAgent (OTCMKTS:CYAGF) released its quarterly earnings results on Wednesday. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.05 by $0.04, Zacks reports. CyberAgent had a net margin of 4.57% and a return on equity of 17.18%. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion.

CyberAgent Price Performance

Shares of CyberAgent stock opened at $8.39 on Thursday. The company has a quick ratio of 2.47, a current ratio of 2.54 and a debt-to-equity ratio of 0.32. The company has a market cap of $4.25 billion, a P/E ratio of 14.98 and a beta of 0.37. The firm’s 50 day moving average price is $8.14 and its 200-day moving average price is $8.47. CyberAgent has a 52-week low of $7.25 and a 52-week high of $9.92.

About CyberAgent

CyberAgent, Inc. is a Japanese internet company founded in 1998 and headquartered in Tokyo. Its main businesses include internet advertising, media and intellectual property, and online games. The company operates ABEMA, a streaming and digital media service, and Ameba, a blog and community platform. Its game business develops and publishes titles for mobile and other platforms. CyberAgent primarily serves users and business clients in Japan. Founder Susumu Fujita has led the company as its representative director and president.