CLPS Incorporation (NASDAQ:CLPS) Posts Quarterly Earnings Results

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

CLPS Incorporation Trading Down 9.8%

Shares of CLPS Incorporation stock opened at $0.92 on Friday. CLPS Incorporation has a 12-month low of $0.80 and a 12-month high of $1.33. The business’s 50 day moving average is $1.01 and its 200-day moving average is $0.94.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CLPS Incorporation in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, CLPS Incorporation presently has an average 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.