Iclick Interactive Asia Group (ICLK) Issues Earnings Results

Iclick Interactive Asia Group (NASDAQ:ICLK) released its earnings results on Wednesday. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.02, Fidelity Earnings reports. The business had revenue of $35.23 million for the quarter, compared to analyst estimates of $34.86 million.

Iclick Interactive Asia Group opened at $7.79 on Thursday, Marketbeat.com reports. The company has a market cap of $398.51 million and a price-to-earnings ratio of -10.12. Iclick Interactive Asia Group has a 52-week low of $5.05 and a 52-week high of $11.40.

A number of equities research analysts have issued reports on ICLK shares. Roth Capital started coverage on shares of Iclick Interactive Asia Group in a report on Thursday, February 1st. They set a “buy” rating and a $10.00 target price on the stock. Zacks Investment Research lowered shares of Iclick Interactive Asia Group from a “hold” rating to a “sell” rating in a report on Wednesday, April 4th.

About Iclick Interactive Asia Group

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People's Republic of China, Hong Kong, and internationally. The company offers mobile audience solutions, which are non-search engine marketing solutions designed to identify, engage, and activate audience on mobile apps, and monitor and measure the results of online marketing activities on such channels; and other solutions that focuses on identifying, engaging, and activating audience on non-mobile app content distribution channels comprising PC banner displays, PC video advertisements, and search engine marketing, as well as technology development services.

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