Portsmouth Square (OTCMKTS:PRSI) Posts Quarterly Earnings Results

Portsmouth Square (OTCMKTS:PRSIGet Free Report) posted its earnings results on Monday. The company reported $0.78 earnings per share for the quarter, Zacks reports. The business had revenue of $16.50 million for the quarter.

Portsmouth Square Stock Performance

Shares of OTCMKTS:PRSI opened at $6.00 on Wednesday. The firm has a 50 day simple moving average of $6.25 and a 200-day simple moving average of $6.22. Portsmouth Square has a twelve month low of $2.00 and a twelve month high of $9.71. The company has a market capitalization of $4.38 million, a PE ratio of -0.65 and a beta of -0.14.

Portsmouth Square Company Profile

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Portsmouth Square, Inc (OTCMKTS: PRSI) is a Delaware‐incorporated holding company focused on the acquisition, development and licensing of intangible assets. The firm’s primary business activity involves assembling a portfolio of intellectual property rights and related digital assets with the goal of generating revenue through strategic licensing and commercialization agreements.

The company’s intangible asset holdings have historically included patents and proprietary technologies that support digital media distribution, interactive content delivery and e-commerce platforms.

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Earnings History for Portsmouth Square (OTCMKTS:PRSI)

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