Red Violet (RDVT) Set to Announce Quarterly Earnings on Wednesday

Red Violet (NASDAQ:RDVT) will be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Red Violet (NASDAQ:RDVT) last released its quarterly earnings data on Thursday, March 7th. The company reported ($0.06) earnings per share (EPS) for the quarter. Red Violet had a net margin of 22.47% and a return on equity of 16.92%. The business had revenue of $15.06 million during the quarter. On average, analysts expect Red Violet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Red Violet Trading Down 1.1 %

Shares of NASDAQ RDVT opened at $16.78 on Wednesday. The company has a market capitalization of $230.56 million, a P/E ratio of 17.85 and a beta of 1.14. Red Violet has a 12 month low of $16.04 and a 12 month high of $23.30. The stock has a 50 day moving average of $18.32 and a 200-day moving average of $19.00.

Analyst Upgrades and Downgrades

Separately, B. Riley started coverage on shares of Red Violet in a research report on Tuesday, March 26th. They set a “buy” rating and a $25.00 price objective for the company.

About Red Violet

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.