CYREN Ltd. (NASDAQ:CYRN) released its quarterly earnings results on Monday. The technology company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03), Briefing.com reports. The firm had revenue of $7.60 million during the quarter, compared to the consensus estimate of $7.90 million. CYREN had a negative net margin of 34.30% and a negative return on equity of 36.87%. The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.02) earnings per share.
Shares of CYREN (NASDAQ CYRN) opened at $2.35 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. CYREN has a 12 month low of $1.35 and a 12 month high of $2.55.
CYREN Company Profile
CYREN Ltd. (CYREN) is engaged in developing and marketing information security solutions for protecting Web, e-mail and mobile transactions. The Company is a Security-as-a-Service provider of integrated cloud-based security technology solutions that mitigate cyber threats, malware attacks, information leaks, legal liability and productivity loss through the application of cyber intelligence.
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