Red Violet (RDVT) Set to Announce Earnings on Wednesday

Red Violet (NASDAQ:RDVT) will be releasing its earnings data after the market closes on Wednesday, August 7th. Analysts expect Red Violet to post earnings of $0.19 per share for the quarter.

Red Violet (NASDAQ:RDVT) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.08. Red Violet had a net margin of 23.14% and a return on equity of 17.94%. The firm had revenue of $17.51 million for the quarter, compared to analysts’ expectations of $16.58 million. On average, analysts expect Red Violet to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Red Violet Trading Up 0.3 %

Shares of RDVT stock traded up $0.08 during mid-day trading on Wednesday, reaching $26.01. The stock had a trading volume of 3,558 shares, compared to its average volume of 45,096. The stock’s 50-day moving average price is $23.59 and its two-hundred day moving average price is $20.31. The firm has a market capitalization of $357.12 million, a PE ratio of 25.42 and a beta of 1.49. Red Violet has a 52-week low of $16.56 and a 52-week high of $26.65.

Red Violet Company Profile

Red Violet, Inc, a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk.