Amber Road Inc (AMBR) Releases Earnings Results, Beats Expectations By $0.03 EPS

Amber Road Inc (AMBR) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $-0.15 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $-0.18. The company posted revenue of $17.00 million in the period, compared to analysts expectations of $16.67 million. The company’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.17 EPS.

Amber Road Inc closed down -0.15 points or -2.99% at $4.86 with 74,270 shares getting traded on Wednesday. Post opening the session at $4.96, the shares hit an intraday low of $4.84 and an intraday high of $5.05 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Feb 19, 2016, Barry Mv Williams (director) sold 42,808 shares at $4.18 per share price. According to the SEC, on Feb 19, 2016, Pamela Craven (director) purchased 3,500 shares at $4.16 per share price. On Aug 24, 2015, Albert C Iii Cooke (Vice President, Global Sales) purchased 3,000 shares at $4.58 per share price, according to the Form-4 filing with the securities and exchange commission.

Amber Road Inc. is a provider of a cloud-based global trade management (GTM) solution which automates import and export processes to enable goods to flow across international borders. The Company’s solution combines enterprise-class software trade content sourced from Government agencies and transportation providers across 145 countries and a global supply chain network connecting its customers with the trading partners including suppliers freight forwarders customs brokers and transportation carriers. The Company offers GTM solution modules and services for import management export management china trade management global logistics management trade agreement management and professional services. Its GTM solution also includes a global supply chain network of pre-built connections to the customers’ trading partners.

Amber Road Inc

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