Iclick Interactive Asia Group (NASDAQ:ICLK) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Iclick Interactive Asia Group (NASDAQ:ICLK) issued its earnings results on Tuesday. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01, Yahoo Finance reports. Iclick Interactive Asia Group had a negative net margin of 20.49% and a negative return on equity of 5.70%. The business had revenue of $54.17 million during the quarter, compared to analysts’ expectations of $52.24 million. Iclick Interactive Asia Group updated its FY 2019
Pre-Market guidance to EPS and its Q4 2019
Pre-Market guidance to EPS.

Shares of NASDAQ:ICLK opened at $3.22 on Wednesday. The stock has a market cap of $190.25 million, a P/E ratio of -35.78 and a beta of 1.57. The firm has a fifty day moving average price of $3.12 and a 200 day moving average price of $3.40. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.29. Iclick Interactive Asia Group has a 1-year low of $2.73 and a 1-year high of $5.90.

ICLK has been the subject of several research analyst reports. Benchmark lowered their target price on shares of Iclick Interactive Asia Group from $9.00 to $8.00 and set a “buy” rating for the company in a report on Tuesday, August 27th. ValuEngine upgraded shares of Iclick Interactive Asia Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Roth Capital set a $7.00 target price on shares of Iclick Interactive Asia Group and gave the company a “buy” rating in a report on Monday, August 26th. Finally, Zacks Investment Research upgraded shares of Iclick Interactive Asia Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th.

Iclick Interactive Asia Group Company Profile

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People's Republic of China, Hong Kong, and internationally. The company offers mobile audience solutions, which are non-search engine marketing solutions designed to identify, engage, and activate audience on mobile apps, and monitor and measure the results of online marketing activities on such channels; and other solutions that focuses on identifying, engaging, and activating audience on non-mobile app content distribution channels comprising PC banner displays, PC video advertisements, and search engine marketing.

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Earnings History for Iclick Interactive Asia Group (NASDAQ:ICLK)

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