Amber Road, Inc. (NYSE:AMBR) issued an update on its FY17 earnings guidance on Thursday morning. The company provided EPS guidance of ($0.43)-(0.32) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.34). The company issued revenue guidance of $80.3-83.3 million, compared to the consensus revenue estimate of $82.99 million.Amber Road also updated its Q1 guidance to ($0.15)-(0.12) EPS.

Shares of Amber Road, Inc. (NYSE:AMBR) opened at 9.31 on Friday. Amber Road, Inc. has a 52-week low of $3.99 and a 52-week high of $12.30. The stock’s market cap is $249.68 million. The stock’s 50 day moving average price is $9.03 and its 200-day moving average price is $9.87.

Amber Road (NYSE:AMBR) last announced its earnings results on Thursday, February 16th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.10). Amber Road had a negative net margin of 29.32% and a negative return on equity of 50.09%. The firm had revenue of $19.20 million for the quarter, compared to analyst estimates of $18.67 million. During the same quarter last year, the business earned ($0.21) earnings per share. Amber Road’s revenue was up 11.6% compared to the same quarter last year. On average, analysts predict that Amber Road, Inc. will post ($0.44) earnings per share for the current fiscal year.

Separately, Zacks Investment Research lowered shares of Amber Road from a buy rating to a hold rating in a research report on Tuesday, January 3rd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Amber Road presently has an average rating of Buy and a consensus target price of $11.80.

In related news, CEO James W. Preuninger sold 13,911 shares of the firm’s stock in a transaction that occurred on Tuesday, December 13th. The shares were sold at an average price of $10.29, for a total transaction of $143,144.19. Following the sale, the chief executive officer now owns 1,885,184 shares in the company, valued at $19,398,543.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Thomas E. Conway sold 33,480 shares of the firm’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $11.71, for a total transaction of $392,050.80. Following the sale, the chief financial officer now owns 33,480 shares in the company, valued at approximately $392,050.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 611,379 shares of company stock worth $7,108,069. 32.30% of the stock is owned by company insiders.

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Amber Road Company Profile

Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.

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