Evolving Systems, Inc. (NASDAQ:EVOL) is reporting second quarter earnings results on Wednesday 12th August 2020, after market close.
Previous Quarter Performance
Evolving Systems, Inc. reported income for the first quarter of $ 0.02 per share, from the revenue of $ 6.29 million. The quarterly earnings down 22.38 percent while revenues compared with the same quarter last year.
Street analysts expected . The bottom line results street analysts by $ 0.28 or , at the same time, top line results analysts by $ 1.41 million or .
Stock Performance
According to the previous trading day, closing price of EVOL was $ 1.17, representing a 108.93 % increase from the 52 week low of $ 0.56 and a 26.88 % decrease over the 52 week high of $ 1.60.
The company has a market capital of $ 14.27 million and is part of the Technology sector and Software – Application industry.
Conference Call
Evolving Systems, Inc. will be hosting a conference call at 5:00 PM eastern time on 12th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.evolving.com
Evolving Systems, Inc. provides real-time digital engagement solutions and services to the wireless, wireline, and cable network operators in the United Kingdom and internationally. The company offers acquisition and activation solutions, including Smart Dealer, a tool set that enables SIM retailers to sell SIM cards; and Dynamic SIM Allocation, a SIM/eSIM activation solution.
