Issuer Direct Corporation (AMEX:ISDR) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.19 per share.
For the full year, analysts predict revenues of $ 17.80 million, while looking forward to income of $ 0.73 per share.
Previous Quarter Performance
Issuer Direct Corporation disclosed income for the second quarter of $ 0.21 per share, from the revenue of $ 4.88 million. The quarterly earnings swell 75.00 percent while revenues elevated 17.87 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.12 per share from $ 3.99 million in revenue. The bottom line results beat street analysts by $ 0.09 or 75.00 percent, at the same time, top line results outshined analysts by $ 0.89 million or 22.31 percent.
Stock Performance
Shares of Issuer Direct Corporation traded low $ -0.75 or -3.53 percent on Wednesday, reaching $ 20.50 with volume of 13.00 thousand shares. Issuer Direct Corporation has traded high as $ 21.22 and has cracked $ 20.28 on the downward trend
According to the previous trading day, closing price of $ 20.50, representing a 145.66 % increase from the 52 week low of $ 8.65 and a 6.59 % decrease over the 52 week high of $ 22.75.
The company has a market capital of $ 76.56 million and is part of the Technology sector and Information Technology Services industry.
Issuer Direct Corporation provides shareholder communications and compliance platforms, technologies, and services in North America and Europe. The company provides Platform id, a cloud-based subscription platform that manages the events of customers to distribute their messages to constituents, investors, markets, and regulatory systems; whistleblower module, which delivers secure notifications and basic incident workflow management processes that align with a companys corporate governance whistleblower policy; and proxy module, a real-time voting platform for customers and their shareholders of record. It also offers Regulation Fair Disclosure, news dissemination and media outreach service; and VisualWebcaster Platform, a cloud-based earnings Webcast, Webinar, and training platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.
