MIND C.T.I. (NASDAQ:MNDO – Get Free Report) released its quarterly earnings results on Tuesday. The information technology services provider reported $0.06 EPS for the quarter, Zacks reports. MIND C.T.I. had a return on equity of 21.27% and a net margin of 22.08%. The company had revenue of $5.20 million during the quarter.
MIND C.T.I. Trading Up 0.5 %
NASDAQ:MNDO opened at $2.02 on Thursday. MIND C.T.I. has a twelve month low of $1.70 and a twelve month high of $2.28. The company has a market cap of $40.65 million, a PE ratio of 9.18 and a beta of 0.79. The company’s 50 day moving average is $2.05 and its two-hundred day moving average is $1.99.
MIND C.T.I. Cuts Dividend
The business also recently disclosed an annual dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 25th will be given a $0.22 dividend. This represents a dividend yield of 10.9%. The ex-dividend date is Tuesday, March 25th. MIND C.T.I.’s payout ratio is currently 109.09%.
About MIND C.T.I.
MIND C.T.I. Ltd., together with its subsidiaries, develops, markets, sells, and implements billing and customer care software solutions for communication service providers in the Americas, Europe, Israel, the Asia Pacific, and Africa. It operates in two segments, Billing and Related Services, and Messaging.
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