Trend Micro (OTCMKTS:TMICY) Releases Earnings Results

Trend Micro (OTCMKTS:TMICY) announced its earnings results on Tuesday. The technology company reported $0.40 EPS for the quarter, Zacks reports. The business had revenue of $459.42 million for the quarter, compared to the consensus estimate of $448.97 million. Trend Micro had a return on equity of 31.66% and a net margin of 12.64%.

Trend Micro Stock Up 6.0 %

TMICY opened at $77.34 on Thursday. The firm has a market capitalization of $10.90 billion, a P/E ratio of 42.92 and a beta of 0.65. The firm’s 50 day moving average is $57.71 and its 200-day moving average is $56.63. Trend Micro has a 52-week low of $38.85 and a 52-week high of $77.34.

About Trend Micro

Trend Micro Incorporated develops and sells security-related software for computers and related services in Japan and internationally. The company offers platforms, such as vision one platform, attack surface management, extended detection and response (XDR), cloud security, endpoint security, network security, email security, OT/ICS security, and threat intelligence.