FRONTEO (FTEO) Issues Quarterly Earnings Results

FRONTEO (NASDAQ:FTEO) issued its quarterly earnings results on Wednesday. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, reports. FRONTEO had a negative return on equity of 24.11% and a negative net margin of 9.96%.

Shares of FRONTEO (FTEO) traded down $1.13 on Thursday, reaching $13.52. The company had a trading volume of 700 shares, compared to its average volume of 1,140. FRONTEO has a 1 year low of $9.06 and a 1 year high of $15.00. The company has a debt-to-equity ratio of 1.30, a quick ratio of 2.19 and a current ratio of 2.21.

Separately, Maxim Group restated a “buy” rating and set a $15.00 price target on shares of FRONTEO in a research note on Monday, December 4th.

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FRONTEO Company Profile

FRONTEO, Inc, formerly UBIC, Inc, is a provider of Asian-language e-Discovery solutions and services. The Company offers a range of e-Discovery and forensic services, such as data collection, data processing, data review and document production. The Company’s segments include Japan, the U. S. and Other.

Earnings History for FRONTEO (NASDAQ:FTEO)

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