Beamr Imaging (NASDAQ:BMR) Issues Earnings Results
by Scott Moore · The Cerbat GemBeamr Imaging (NASDAQ:BMR – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $1.01 million during the quarter.
Beamr Imaging Stock Down 5.1%
Shares of Beamr Imaging stock traded down $0.09 during trading on Friday, hitting $1.74. 32,266 shares of the stock traded hands, compared to its average volume of 158,384. The company has a fifty day moving average price of $1.86 and a two-hundred day moving average price of $2.37. Beamr Imaging has a twelve month low of $1.54 and a twelve month high of $4.32.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Beamr Imaging has a consensus rating of “Sell”.
View Our Latest Research Report on BMR
Institutional Trading of Beamr Imaging
Several large investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP lifted its stake in shares of Beamr Imaging by 15.2% in the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after purchasing an additional 7,600 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Beamr Imaging in the 1st quarter valued at approximately $84,000. Renaissance Technologies LLC boosted its position in Beamr Imaging by 56.2% during the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock worth $65,000 after purchasing an additional 15,000 shares during the period. Finally, Two Sigma Investments LP acquired a new position in Beamr Imaging during the third quarter valued at approximately $33,000. 0.71% of the stock is owned by institutional investors.
Beamr Imaging Company Profile
Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.
Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.