Tomra Systems ASA (OTCMKTS:TMRAY – Get Free Report) released its earnings results on Friday. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01, Zacks reports. The company had revenue of $421.19 million for the quarter, compared to analyst estimates of $399.31 million.
Tomra Systems ASA Trading Up 2.2%
Tomra Systems ASA stock opened at $10.13 on Friday. The firm has a 50 day simple moving average of $10.37 and a 200-day simple moving average of $10.60. Tomra Systems ASA has a 12-month low of $9.08 and a 12-month high of $14.18.
About Tomra Systems ASA
Tomra Systems ASA is a Norway-based technology company that develops solutions for resource recovery and the circular economy. Its businesses focus on collection, sorting, and processing technologies designed to help recover valuable materials, reduce waste, and improve the efficiency of resource use.
The company’s TOMRA Collection business provides reverse-vending machines and related systems for collecting used beverage containers. Its TOMRA Recycling operations offer sensor-based sorting equipment and digital solutions for separating materials such as plastics, metals, paper, and other recyclable products.
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