Logility Supply Chain Solutions (NASDAQ:LGTY) Issues Earnings Results

Logility Supply Chain Solutions (NASDAQ:LGTY) released its quarterly earnings data on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01, Zacks reports. Logility Supply Chain Solutions had a positive return on equity of 5.52% and a negative net margin of 0.54%. The business had revenue of $25.01 million for the quarter, compared to the consensus estimate of $25.09 million.

Logility Supply Chain Solutions Trading Down 0.1 %

NASDAQ LGTY traded down $0.02 on Friday, reaching $14.08. 830,712 shares of the stock traded hands, compared to its average volume of 702,539. The company has a market cap of $474.21 million, a P/E ratio of -1,408.00 and a beta of 0.77. The stock’s fifty day simple moving average is $12.24. Logility Supply Chain Solutions has a 12 month low of $8.41 and a 12 month high of $14.19.

Analyst Upgrades and Downgrades

LGTY has been the subject of a number of recent research reports. Maxim Group cut Logility Supply Chain Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. B. Riley cut Logility Supply Chain Solutions from a “buy” rating to a “neutral” rating in a report on Monday, January 27th.

Logility Supply Chain Solutions Company Profile

Logility Supply Chain Solutions Inc is a provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains. Logility Supply Chain Solutions Inc, formerly known as American Software Inc, is based in ATLANTA.