Tern (LON:TERN) Issues Quarterly Earnings Results

Tern (LON:TERNGet Free Report) announced its earnings results on Wednesday. The company reported GBX (0.81) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of GBX (403) million for the quarter. Tern had a negative net margin of 7,033.60% and a negative return on equity of 19.70%.

Tern Stock Performance

TERN opened at GBX 0.98 on Wednesday. The company has a market cap of £8.42 million, a P/E ratio of -2.69 and a beta of 0.83. The company has a quick ratio of 0.75, a current ratio of 0.44 and a debt-to-equity ratio of 1.65. The firm’s 50-day moving average price is GBX 0.92 and its 200-day moving average price is GBX 0.70. Tern has a 52-week low of GBX 0.30 and a 52-week high of GBX 1.70.

Tern Company Profile

(Get Free Report)

Tern backs companies with proven technology, based in the UK but with global ambition.

Our management team has a strong track record of unlocking opportunities in the USA for UK companies.

We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets.

We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements.

Unlike many of our peers, we select to work with only a handful of companies in a given period.

Read More

Earnings History for Tern (LON:TERN)

Receive News & Ratings for Tern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tern and related companies with MarketBeat.com's FREE daily email newsletter.