CLPS Incorporation (NASDAQ:CLPS) Announces Earnings Results

CLPS Incorporation (NASDAQ:CLPS) released its quarterly earnings results on Friday. The company reported ($0.23) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $43.56 million for the quarter.

CLPS Incorporation Stock Performance

NASDAQ CLPS traded down $0.10 during midday trading on Friday, hitting $0.92. The company had a trading volume of 7,990 shares, compared to its average volume of 7,131. The firm has a fifty day simple moving average of $1.01 and a two-hundred day simple moving average of $0.94. CLPS Incorporation has a fifty-two week low of $0.80 and a fifty-two week high of $1.33.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of CLPS Incorporation in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, CLPS Incorporation has a consensus rating of “Sell”.

About CLPS Incorporation

CLPS Incorporation is a technology solutions and consulting company that serves financial institutions and other businesses. The company focuses primarily on banking, insurance, securities, and related financial-services organizations, providing software development, systems integration, information-technology consulting, and technical support.

Its services include customized application development, enterprise software implementation, maintenance and testing, data-related services, and technology solutions for areas such as core banking, payments, lending, wealth management, customer relationship management, and mobile finance.