Support.com (NASDAQ:SPRT) is set to release its Q2 2013 earnings data after the market closes on Wednesday, July 31st.
Support.com (NASDAQ:SPRT) last released its earnings data on Wednesday, May 1st. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.01. The company had revenue of $20.20 million for the quarter, compared to the consensus estimate of $19.86 million. During the same quarter in the prior year, the company posted ($0.06) earnings per share. The company’s quarterly revenue was up 14.8% on a year-over-year basis. On average, analysts expect Support.com to post $0.23 EPS for the current fiscal year and $0.33 EPS for the next fiscal year.
Shares of Support.com (NASDAQ: SPRT) opened at 4.93 on Tuesday. Support.com has a 52 week low of $2.60 and a 52 week high of $5.38. The stock’s 50-day moving average is currently $4.83. The company has a market cap of $247.8 million and a P/E ratio of 290.00.
On a related note, analysts at Zacks downgraded shares of Support.com from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 2nd. They now have a $5.20 price target on the stock.
Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $14.98.
Support.com, Inc (NASDAQ: SPRT) provides cloud-based services and software that power technology support programs and technical support organizations.
