MaxPoint Interactive, Inc. (NASDAQ:MXPT) released its quarterly earnings data on Monday. The software maker reported ($0.75) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.67) by $0.08, Morningstar.com reports. MaxPoint Interactive had a negative return on equity of 46.77% and a negative net margin of 11.08%. The firm had revenue of $23.40 million during the quarter.

MaxPoint Interactive (NASDAQ:MXPT) traded up 2.83% during mid-day trading on Tuesday, reaching $5.81. The company’s stock had a trading volume of 6,138 shares. The firm’s 50 day moving average is $6.91 and its 200-day moving average is $6.19. MaxPoint Interactive has a 12-month low of $3.85 and a 12-month high of $10.55. The company’s market cap is $39.19 million.

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Several institutional investors have recently added to or reduced their stakes in the stock. Spark Investment Management LLC increased its position in MaxPoint Interactive by 124.3% in the second quarter. Spark Investment Management LLC now owns 58,100 shares of the software maker’s stock valued at $431,000 after buying an additional 32,200 shares during the period. Essex Investment Management Co. LLC purchased a new position in MaxPoint Interactive during the second quarter valued at $191,000. Finally, Renaissance Technologies LLC purchased a new position in MaxPoint Interactive during the first quarter valued at $165,000. Institutional investors and hedge funds own 8.69% of the company’s stock.

About MaxPoint Interactive

MaxPoint Interactive, Inc is a marketing technology company. The Company provides business intelligence and marketing automation solution. The Company’s MaxPoint Intelligence Platform is a cloud-based software service that enables to predict local demand for national brands based on consumers’ purchase power and intent and manage customized digital advertisements containing in-store offers and promotions to reach consumers at a local level across display, mobile, social and video channels.

Earnings History for MaxPoint Interactive (NASDAQ:MXPT)

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