Versapay (VPY) Set to Announce Earnings on Wednesday

Versapay (CVE:VPY) is scheduled to announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of C($0.06) per share for the quarter.

Versapay (CVE:VPY) last released its quarterly earnings data on Wednesday, May 22nd. The company reported C($0.07) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of C($0.07). The business had revenue of C$1.95 million for the quarter, compared to analysts’ expectations of C$1.74 million.

CVE VPY opened at C$1.85 on Monday. Versapay has a 52 week low of C$0.91 and a 52 week high of C$2.49. The stock has a market capitalization of $80.18 million and a P/E ratio of -5.64. The company has a debt-to-equity ratio of 139.53, a quick ratio of 0.62 and a current ratio of 1.31. The firm’s 50-day simple moving average is C$1.71.

VPY has been the topic of several research analyst reports. Eight Capital upped their price objective on shares of Versapay from C$2.00 to C$2.50 in a research report on Friday, May 24th. Raymond James set a C$3.30 price target on Versapay and gave the stock a “strong-buy” rating in a research note on Thursday, May 23rd.

About Versapay

VersaPay Corporation, a financial technology company, provides cloud-based invoicing, accounts receivable (A/R) management, and payment solutions for businesses in Canada and the United States. The company offers ARC, a business-to-business solution that delivers capabilities in areas, such as invoice presentment, collaboration and collection, electronic payment, cash application, and A/R insight; PayPort, a cloud-based credit card and electronic funds transfer service; and Gateway that allows third party technology partners to connect to PayPort through a secure application program interface and offer the service as part of their own service offering.

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Earnings History for Versapay (CVE:VPY)

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