GTY Technology Holdings, Inc. (NASDAQ:GTYH) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, GTYH to report 3Q20 loss of $ 0.05 per share.
For the full year, analysts anticipate top line of $ 48.02 million, while looking forward to loss of $ 0.25 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 57.00 million ~ $ 63.00 million
Click Here For More Historical Outlooks Of GTY Technology Holdings, Inc.
Previous Quarter Performance
GTY Technology Holdings, Inc. posted loss for the second quarter of $ 0.05 per share, from the revenue of $ 11.31 million. According to street consensus, GTYH was expected to report 2Q20 loss of $ 0.07 per share from revenue of $ 11.00 million. The bottom line results beat street analysts by $ 0.02 or 28.57 percent, at the same time, top line results outshined analysts by $ 0.31 million or 2.82 percent.
Stock Performance
Shares of GTY Technology Holdings, Inc. traded low $ -0.16 or -5.26 percent on Wednesday, reaching $ 2.88 with volume of 16.70 thousand shares. GTY Technology Holdings, Inc. has traded high as $ 3.00 and has cracked $ 2.76 on the downward trend
The closing price of $ 2.88, representing a 40.74 % increase from the 52 week low of $ 2.16 and a 58.86 % decrease over the 52 week high of $ 7.39.
The company has a market capital of $ 155.21 million and is part of the Industrials sector and Conglomerates industry.
Conference Call
GTY Technology Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gtytechnology.com
GTY Technology Holdings Inc. provides cloud-based suite of solutions for state and local governments in North America. The company develops software technologies for the procurement and vendor or supplier sourcing industry in government, public sector, and various highly-regulated commercial vertical markets; content, digital, and integrated payment services via a software-as-a-service platform for government agencies and utility companies.
