Red Violet (NASDAQ:RDVT) Issues Quarterly Earnings Results

Red Violet (NASDAQ:RDVT - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02), Zacks reports. Red Violet had a return on equity of 6.80% and a net margin of 7.17%. The firm had revenue of $19.57 million for the quarter, compared to analysts' expectations of $18.08 million.

Red Violet Stock Down 1.7 %

Shares of NASDAQ:RDVT traded down $0.69 on Monday, reaching $39.93. The company had a trading volume of 98,218 shares, compared to its average volume of 92,388. Red Violet has a twelve month low of $16.56 and a twelve month high of $43.44. The stock has a market capitalization of $550.71 million, a P/E ratio of 110.92 and a beta of 1.49. The stock has a 50-day moving average price of $37.43 and a 200 day moving average price of $33.57.

Red Violet Company Profile

Red Violet, Inc, a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk.