Blackbird (LON:BIRD) Announces Quarterly Earnings Results

Blackbird (LON:BIRD) issued its earnings results on Monday. The company reported GBX (0.32) earnings per share for the quarter, Digital Look Earnings reports. Blackbird had a negative net margin of 188.48% and a negative return on equity of 40.32%.

Blackbird Trading Up 13.6%

Shares of Blackbird stock traded up GBX 0.23 during trading on Wednesday, hitting GBX 1.88. 6,761,715 shares of the stock traded hands, compared to its average volume of 817,833. The stock’s fifty day simple moving average is GBX 1.35 and its 200 day simple moving average is GBX 1.67. The firm has a market cap of £9.01 million, a P/E ratio of -3.02 and a beta of 0.90. Blackbird has a 52-week low of GBX 0.90 and a 52-week high of GBX 3.20.

Blackbird Company Profile

Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and content creation markets. Blackbird plc’s patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud and it has two products.

BlackbirdⓇ a market leading suite of cloud-native computing applications, is used by rights holders, broadcasters, sports and news video specialists, live events and content owners, post production houses, other mass market digital video channels and corporations.

elevate.io is the company’s new browser-based collaborative content creation platform currently in general release.