Focusrite (LON:TUNE) Releases Earnings Results

Focusrite (LON:TUNE) released its quarterly earnings results on Monday. The company reported GBX 15.04 EPS for the quarter, Digital Look Earnings reports. The company had revenue of £245.51 million for the quarter. Focusrite had a net margin of 3.18% and a return on equity of 4.61%.

Focusrite Stock Up 2.6%

Focusrite stock opened at GBX 200.02 on Monday. The company has a debt-to-equity ratio of 25.72, a current ratio of 3.11 and a quick ratio of 0.77. Focusrite has a fifty-two week low of GBX 150 and a fifty-two week high of GBX 255. The firm has a fifty day moving average price of GBX 192.49 and a two-hundred day moving average price of GBX 208.80. The firm has a market cap of £116.16 million, a price-to-earnings ratio of 22.22, a P/E/G ratio of 2.95 and a beta of 1.08.

Focusrite Company Profile

Focusrite plc is a global music and audio products group that develops and markets proprietary hardware and software products. Used by audio professionals and amateur musicians alike, our solutions facilitate the high-quality production of recorded and live sound.

We are a rapidly growing group of innovative, market-leading brands, operating across two divisions.

Our Content Creation division is focussed on supporting our customers throughout their music-making journey, by removing barriers to creativity and delivering everything they need to make music.