Iveda Solutions (NASDAQ:IVDA) Issues Earnings Results

Iveda Solutions (NASDAQ:IVDA) released its quarterly earnings results on Tuesday. The company reported ($0.28) earnings per share (EPS) for the quarter, Zacks reports. Iveda Solutions had a negative net margin of 61.38% and a negative return on equity of 64.43%.

Iveda Solutions Price Performance

Shares of Iveda Solutions stock opened at $2.11 on Wednesday. The firm’s 50-day moving average price is $2.47 and its two-hundred day moving average price is $2.75. The company has a current ratio of 2.45, a quick ratio of 2.04 and a debt-to-equity ratio of 0.08. Iveda Solutions has a 1-year low of $1.27 and a 1-year high of $8.05. The stock has a market capitalization of $5.92 million, a price-to-earnings ratio of -1.30 and a beta of 0.79.

Iveda Solutions Company Profile

Iveda Solutions, Inc provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software and Sentir Video, a video surveillance solution for various kinds of applications. It also provides Cerebro IoT Platform, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices, and IvedaSPS, a smart power solution utilizing in Cerebro IoT platform, and IvedaXpress, a system for pre-existing IP cameras and AI analytics for servers and IT department.