Support.com (SPRT) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $-0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $-0.08. The company posted revenue of $14.90 million in the period, compared to analysts expectations of $14.54 million. The company’s revenue was down -27.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.03 EPS.
Support.com closed down -0.09 points or -9.38% at $0.87 with 1,78,206 shares getting traded on Thursday. Post opening the session at $0.96, the shares hit an intraday low of $0.86 and an intraday high of $0.96 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on May 17, 2016, Roop Kalyan Lakkaraju (CFO) purchased 1,000 shares at $0.70 per share price. According to the SEC, on May 3, 2016, Elizabeth Cholawsky (CEO) purchased 5,000 shares at $0.90 per share price. On Nov 2, 2015, Mark Fries (director) purchased 14,000 shares at $1.13 per share price, according to the Form-4 filing with the securities and exchange commission.
Support.com Inc. (Support.com) is a provider of cloud-based software and services that enable technology support for a connected world. The Company offers outsourced support services for service providers retailers and technology companies. Its technology support services programs are designed for both the consumer and small business markets and include computer and mobile device set-up security and support virus and malware removal wireless network set-up and home security and automation system support. Its cloud-based offering Nexus is a SaaS solution for companies to support interactions with their customers using their own or third-party support personnel. It also offers end-user software products including tools and apps designed for most common technology issues including computer and mobile device maintenance optimization and security. Its brands include SUPPORT.COM PERSONAL TECHNOLOGY EXPERTS BUSINESS TECHNOLOGY EXPERTS and NEXUS.