Benzinga | Aug 12, 2020 07:21AM EDT

CYREN: Q2 Earnings Insights

Shares of CYREN (NASDAQ:CYRN) rose 3.5% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 25.00% over the past year to ($0.06), which missed the estimate of ($0.05).

Revenue of $9,181,000 declined by 5.46% from the same period last year, which missed the estimate of $9,520,000.

Guidance

CYREN hasn't issued any earnings guidance for the time being.

CYREN hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Aug 12, 2020

Time: 10:00 AM

ET Webcast URL: https://webcasts.eqs.com/register/cyren20200812/en

Technicals

52-week high: $1.97

52-week low: $0.31

Price action over last quarter: Up 85.40%

Company Profile

CYREN Ltd provides information security solutions for protecting the web, email, and mobile transactions. It is a security as a service provider of cloud-based security technology solutions that mitigate cyber threats, advanced malware attacks, information leaks, legal liability, and productivity loss through the application of cyber intelligence. The firm's customers include OEM and service provider distribution partners and service providers. Its products and services are categorized in security as a service, cyber intelligence suite, and embedded threat intelligence services. The company derives its revenues from the sale of real-time cloud-based services.