Cyren Announces First Quarter 2019 Financial Results

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Cyren (CYRN) Reports In-Line Q1 EPS, Slight Beat on Revenues

May 15, 2019 6:04 AM EDT

Cyren (NASDAQ: CYRN) reported Q1 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $9.66 million versus the consensus estimate of $9.62 million.

First Quarter 2019 Financial Highlights:

Revenues for the first quarter of 2019 were $9.7 million, compared to $7.7 million during the first quarter of 2018, and $9.5 million last quarter.GAAP net loss for the first quarter of 2019 was $4.6 million, compared to a net loss of $5.2 million in the first quarter of... More