CLPS Incorporation (NASDAQ:CLPS) Issues Quarterly Earnings Results

CLPS Incorporation (NASDAQ:CLPS) posted its quarterly earnings data on Friday, October 16th. The company reported ($0.22) earnings per share for the quarter, FiscalAI reports. The company had revenue of $43.56 million for the quarter.

CLPS Incorporation Price Performance

Shares of NASDAQ:CLPS opened at $0.94 on Monday. CLPS Incorporation has a fifty-two week low of $0.80 and a fifty-two week high of $1.24. The business has a 50-day simple moving average of $1.01 and a two-hundred day simple moving average of $0.94.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of CLPS Incorporation in a report on Monday, October 19th. One analyst has rated the stock with a Sell rating. According to MarketBeat, CLPS Incorporation currently has a consensus rating of “Sell”.

CLPS Incorporation Company Profile

CLPS Incorporation is an information technology consulting and solutions company founded in 2005 and headquartered in Shanghai, China. The company primarily serves financial institutions, with a focus on banking, wealth management, insurance and related financial-services businesses.

CLPS provides software development, information technology consulting, systems integration, maintenance and support, and IT outsourcing services. Its offerings are designed to help clients develop, implement and manage technology platforms and business applications, including solutions for core banking, payments, customer relationship management, risk management and other financial-services operations.

The company serves clients in China and has expanded its activities internationally through operations and business relationships in markets that have included North America, Southeast Asia, Japan, Australia and Hong Kong.