Intersections, Inc. (INTX) Releases Earnings Results

Intersections, Inc. (NASDAQ:INTX) announced its quarterly earnings results on Monday. The business services provider reported ($0.14) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Intersections had a negative return on equity of 873.96% and a negative net margin of 17.41%. The firm had revenue of $39.25 million during the quarter.

Shares of Intersections (NASDAQ:INTX) opened at $2.21 on Wednesday. Intersections has a fifty-two week low of $2.00 and a fifty-two week high of $5.75. The company has a debt-to-equity ratio of -12.12, a quick ratio of 1.07 and a current ratio of 1.07.

In other news, major shareholder Osmium Partners, Llc sold 19,286 shares of the stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $3.35, for a total value of $64,608.10. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 67.00% of the company’s stock.

An institutional investor recently raised its position in Intersections stock. Northern Trust Corp boosted its stake in Intersections, Inc. (NASDAQ:INTX) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,086 shares of the business services provider’s stock after purchasing an additional 736 shares during the quarter. Northern Trust Corp owned about 0.10% of Intersections worth $109,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 25.01% of the company’s stock.

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Separately, ValuEngine downgraded shares of Intersections from a “buy” rating to a “hold” rating in a report on Thursday, August 17th.

About Intersections

Intersections Inc uses data to enable consumers reduce risk through subscription services. The Company’s operating segments include Personal Information Services, Insurance and Other Consumer Services, and Bail Bonds Industry Solutions. The Company’s Personal Information Services business segment focuses on helping consumers understand, monitor, manage and protect against the risks associated with third parties misusing their personal information and violating their privacy.

Earnings History for Intersections (NASDAQ:INTX)

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