Trend Micro (OTCMKTS:TMICY – Get Free Report) announced its quarterly earnings data on Thursday. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.54 by $0.03, Zacks reports. Trend Micro had a net margin of 12.51% and a return on equity of 28.76%.
Trend Micro Stock Up 1.5%
Shares of OTCMKTS TMICY traded up $0.55 during trading on Thursday, reaching $36.06. 10,202 shares of the company traded hands, compared to its average volume of 45,946. The firm has a 50 day simple moving average of $34.32 and a 200-day simple moving average of $40.32. The stock has a market capitalization of $4.71 billion, a PE ratio of 20.61 and a beta of 0.77. Trend Micro has a 52-week low of $31.09 and a 52-week high of $79.99.
Trend Micro Company Profile
Trend Micro Incorporated is a global cybersecurity company that develops software and services to protect data and networks from evolving digital threats. Headquartered in Tokyo, Japan, with additional offices in North America, Europe and Asia-Pacific, the company offers solutions designed to safeguard businesses, governments and individual users. Since its founding in 1988, Trend Micro has focused on leveraging advanced threat intelligence and machine learning to deliver proactive security measures.
The company’s product portfolio spans endpoint security, network defense, cloud security and threat intelligence services.
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