Usio (USIO) to Release Quarterly Earnings on Wednesday

Usio (NASDAQ:USIO) is set to release its earnings data after the market closes on Wednesday, August 14th. Individual interested in participating in the company’s conference call can do so using this link.

Usio (NASDAQ:USIO) last posted its earnings results on Wednesday, May 15th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.04). The firm had revenue of $20.32 million for the quarter, compared to the consensus estimate of $22.99 million. Usio had a negative return on equity of 4.91% and a negative net margin of 0.91%. On average, analysts expect Usio to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Usio Stock Performance

USIO stock opened at $1.41 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.04. The firm has a market cap of $37.27 million, a PE ratio of -35.25 and a beta of 1.73. The business has a 50 day moving average of $1.54 and a 200-day moving average of $1.59. Usio has a 12-month low of $1.30 and a 12-month high of $2.28.

Analyst Upgrades and Downgrades

USIO has been the subject of several research analyst reports. HC Wainwright reaffirmed a “buy” rating and set a $4.00 target price on shares of Usio in a research report on Friday, May 17th. Litchfield Hills Research started coverage on shares of Usio in a research report on Wednesday, June 5th. They set a “buy” rating and a $6.00 price target for the company.

About Usio

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.