Rand Worldwide (OTCMKTS:RWWI) Posts Earnings Results

Rand Worldwide (OTCMKTS:RWWI) released its quarterly earnings results on Wednesday. The technology company reported $0.48 earnings per share for the quarter, Zacks reports. The company had revenue of $55.62 million for the quarter. Rand Worldwide had a return on equity of 106.88% and a net margin of 18.60%.

Rand Worldwide Stock Up 3.3%

Shares of Rand Worldwide stock opened at $15.75 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50-day moving average of $14.79 and a 200 day moving average of $15.00. The firm has a market cap of $529.36 million, a price-to-earnings ratio of 11.50 and a beta of 0.02. Rand Worldwide has a 1 year low of $13.75 and a 1 year high of $23.10.

Rand Worldwide Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 14th. Stockholders of record on Friday, August 8th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, August 7th. This represents a dividend yield of 333.0%.

Rand Worldwide Company Profile

Rand Worldwide, Inc provides design automation and data management solutions primarily in the United States and Canada. It operates in five divisions: IMAGINiT Technologies, Rand Simulation, Facilities Management, ASCENT, and Rand 3D. The IMAGINiT Technologies division resells Autodesk solutions and system integration, and consulting services to customers in the manufacturing, infrastructure, building, and media and entertainment industries; resells Twinmotion visualization software, which provides design professionals to transform architectural models and designs into photorealistic images and immersive videos; offers a range of 3D laser scanning equipment and related software to help architectural, engineering, and construction firms; and sells its own proprietary software products and related services.