CyberAgent (OTCMKTS:CYAGF) Releases Quarterly Earnings Results

CyberAgent (OTCMKTS:CYAGF) announced its earnings results on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.07, Zacks reports. CyberAgent had a return on equity of 18.41% and a net margin of 4.60%.The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion.

CyberAgent Price Performance

Shares of OTCMKTS:CYAGF remained flat at $8.40 during trading hours on Friday. The company’s stock had a trading volume of 4 shares, compared to its average volume of 3. CyberAgent has a fifty-two week low of $7.25 and a fifty-two week high of $13.00. The firm has a 50-day simple moving average of $7.93 and a two-hundred day simple moving average of $8.77. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of 15.00 and a beta of 0.33. The company has a quick ratio of 2.28, a current ratio of 2.33 and a debt-to-equity ratio of 0.35.

About CyberAgent

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.