Blackbird (LON:BIRD) Issues Earnings Results

Blackbird (LON:BIRD) issued its earnings results on Monday. The company reported GBX (0.32) earnings per share for the quarter, Digital Look Earnings reports. Blackbird had a negative return on equity of 40.32% and a negative net margin of 188.48%.

Blackbird Price Performance

Shares of Blackbird stock traded up GBX 0.17 during trading on Wednesday, reaching GBX 1.82. 11,374,201 shares of the company traded hands, compared to its average volume of 842,238. Blackbird has a 1-year low of GBX 0.90 and a 1-year high of GBX 3.20. The company has a 50 day moving average price of GBX 1.35 and a 200-day moving average price of GBX 1.67. The firm has a market capitalization of £8.73 million, a PE ratio of -2.93 and a beta of 0.90.

About Blackbird

Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and content creation markets. Blackbird plc’s patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud and it has two products.

BlackbirdⓇ a market leading suite of cloud-native computing applications, is used by rights holders, broadcasters, sports and news video specialists, live events and content owners, post production houses, other mass market digital video channels and corporations.

elevate.io is the company’s new browser-based collaborative content creation platform currently in general release.