uSell (USEL) Posts Earnings Results

uSell (OTCMKTS:USEL) announced its quarterly earnings data on Monday. The technology company reported ($0.08) EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $14.17 million for the quarter. uSell had a negative net margin of 11.76% and a negative return on equity of 128.10%.

uSell remained flat at $$0.10 during mid-day trading on Wednesday, Marketbeat Ratings reports. uSell has a 12-month low of $0.07 and a 12-month high of $0.82. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.07 and a quick ratio of 0.15.

Separately, ValuEngine lowered shares of uSell from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th.

uSell Company Profile, Inc operates as a market maker of used smartphones. It acquires products from individual consumers through its Website, as well as from various carriers, big box retailers, and manufacturers through its subsidiary, We Sell Cellular. The company sells its devices to professional buyers, such as brick and mortar retailers, online retailers, large and small wholesalers, small repair shops, large refurbishing providers, and insurance companies, as well as directly to consumers through third party e-commerce platforms.

Earnings History for uSell (OTCMKTS:USEL)

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