Cision (NYSE:CISN) issued its quarterly earnings results on Thursday. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19, Briefing.com reports. Cision had a positive return on equity of 36.56% and a negative net margin of 1.68%. The firm had revenue of $185.80 million during the quarter, compared to analysts’ expectations of $188.40 million. During the same period in the prior year, the firm posted $0.19 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. Cision updated its Q2 guidance to $0.20-0.21 EPS and its FY19 guidance to $0.82-0.85 EPS.
Shares of NYSE CISN traded up $0.29 during midday trading on Tuesday, hitting $11.39. The company’s stock had a trading volume of 21,988 shares, compared to its average volume of 571,644. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 13.72 and a beta of 0.51. Cision has a 1 year low of $10.86 and a 1 year high of $18.28. The company has a debt-to-equity ratio of 4.18, a quick ratio of 0.89 and a current ratio of 0.89.
In other news, insider Rainer Mathes sold 15,000 shares of Cision stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $12.12, for a total value of $181,800.00. Following the transaction, the insider now directly owns 1,712,769 shares of the company’s stock, valued at approximately $20,758,760.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.70% of the company’s stock.
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Cision Company Profile
Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services to businesses worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs.
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