Rand Worldwide (OTCMKTS:RWWI) Releases Quarterly Earnings Results

Rand Worldwide (OTCMKTS:RWWI) issued its earnings results on Wednesday. The technology company reported $0.60 earnings per share for the quarter, Zacks reports. The firm had revenue of $62.83 million during the quarter. Rand Worldwide had a net margin of 28.30% and a return on equity of 92.21%.

Rand Worldwide Stock Performance

OTCMKTS:RWWI opened at $16.00 on Friday. The business’s 50-day moving average is $14.46 and its 200 day moving average is $14.69. Rand Worldwide has a 12 month low of $13.01 and a 12 month high of $18.96. The company has a market capitalization of $537.74 million, a P/E ratio of 17.20 and a beta of 0.13.

About Rand Worldwide

Rand Worldwide (OTCMKTS:RWWI) is a provider of software and professional services for the architecture, engineering and manufacturing markets. The company partners with leading application vendors to offer design software solutions—such as computer-aided design (CAD), building information modeling (BIM) and product lifecycle management (PLM)—and augments those offerings with technical consulting, implementation support, custom application development and training.

The company’s portfolio includes specialized engineering software for power system analysis, data management and collaboration tools, and industry-specific design applications.