Premiere Global Services (NYSE:PGI) posted its quarterly earnings results on Thursday. The company reported $0.20 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.20, ARN reports. The company had revenue of $132.20 million for the quarter, compared to the consensus estimate of $132.12 million. During the same quarter last year, the company posted $0.19 earnings per share. Premiere Global Services’s revenue was up 4.1% compared to the same quarter last year. Premiere Global Services updated its FY13 guidance to $0.78-0.81 EPS.
Premiere Global Services (NYSE: PGI) traded down 6.27% on Thursday, hitting $11.22. Premiere Global Services has a 52-week low of $7.92 and a 52-week high of $12.74. The stock’s 50-day moving average is currently $12.03. The company has a market cap of $518.4 million and a price-to-earnings ratio of 20.32.
Premiere Global Services, Inc (NYSE: PGI) offers its virtual meeting solutions in the cloud, with a software as a service (SaaS), model.