Kubient (KBNT) Scheduled to Post Earnings on Monday

Kubient (NASDAQ:KBNTGet Rating) is set to post its quarterly earnings results after the market closes on Monday, May 16th. Investors that wish to register for the company’s conference call can do so using this link.

Kubient (NASDAQ:KBNTGet Rating) last announced its quarterly earnings data on Wednesday, March 30th. The company reported ($0.32) earnings per share for the quarter. The firm had revenue of $0.86 million during the quarter. Kubient had a negative net margin of 375.79% and a negative return on equity of 34.47%.

NASDAQ:KBNT opened at $0.88 on Monday. The business’s 50-day moving average price is $1.57 and its 200 day moving average price is $2.28. Kubient has a 52-week low of $0.87 and a 52-week high of $6.09. The firm has a market cap of $12.63 million, a P/E ratio of -1.19 and a beta of 2.84.

A number of institutional investors have recently added to or reduced their stakes in KBNT. Morgan Stanley purchased a new stake in shares of Kubient during the 1st quarter worth about $51,000. Bank of New York Mellon Corp bought a new stake in shares of Kubient during the 3rd quarter worth about $89,000. Two Sigma Advisers LP bought a new stake in Kubient during the third quarter worth approximately $127,000. Finally, Two Sigma Investments LP acquired a new position in Kubient during the third quarter valued at approximately $146,000. Hedge funds and other institutional investors own 16.73% of the company’s stock.

Separately, Maxim Group decreased their price target on Kubient from $9.00 to $6.00 in a research report on Monday, April 4th.

About Kubient (Get Rating)

Kubient, Inc develops a cloud-based software platform for digital advertising industry. It develops Audience Marketplace, a platform for real-time trading of digital, programmatic advertising. The company's platform allows advertisers and publishers the ability to use machine learning during programmatic advertising inventory space auction.

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Earnings History for Kubient (NASDAQ:KBNT)

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