Astea International (ATEA) Releases Earnings Results

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Astea International (OTCMKTS:ATEA) posted its quarterly earnings data on Wednesday. The software maker reported ($0.02) earnings per share for the quarter, reports. The firm had revenue of $6.62 million during the quarter. Astea International had a net margin of 0.87% and a negative return on equity of 5.66%.

ATEA stock traded down $0.01 on Thursday, hitting $6.14. 440 shares of the company were exchanged, compared to its average volume of 643. Astea International has a twelve month low of $1.25 and a twelve month high of $9.09.

In other Astea International news, major shareholder David Kanen acquired 10,800 shares of the firm’s stock in a transaction on Monday, March 25th. The stock was bought at an average cost of $5.46 per share, for a total transaction of $58,968.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 57.10% of the company’s stock.

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About Astea International

Astea International Inc develops, markets, and supports service management software solutions worldwide. It offers Astea Alliance, a service management software that addresses the service lifecycle applications, including lead generation, project quotation, service and billing, and asset retirement; and integrates and optimizes business processes for campaigns, call center, depot repair, field service, logistics, projects, and sales and order processing applications.

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Earnings History for Astea International (OTCMKTS:ATEA)

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