Time Out Group (LON:TMO) Releases Quarterly Earnings Results

Time Out Group (LON:TMO) released its earnings results on Tuesday. The company reported GBX (1.90) earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 3,975 million for the quarter. Time Out Group had a negative net margin of 87.11% and a negative return on equity of 22,303.85%.

Time Out Group Price Performance

LON:TMO traded down GBX 0.45 on Thursday, reaching GBX 7.80. 37,694 shares of the company’s stock traded hands, compared to its average volume of 72,109. The stock has a 50-day simple moving average of GBX 8.42 and a 200-day simple moving average of GBX 10.27. Time Out Group has a 12 month low of GBX 7.80 and a 12 month high of GBX 34. The firm has a market cap of £40.77 million, a PE ratio of -0.43 and a beta of 0.07. The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of -314.47.

Insider Transactions at Time Out Group

In other Time Out Group news, insider Chris Ohlund acquired 1,250,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was purchased at an average price of GBX 8 per share, with a total value of £100,000. Also, insider Matthew Robert Phillip Pritchard bought 250,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were acquired at an average price of GBX 8 per share, with a total value of £20,000. Insiders acquired a total of 73,780,288 shares of company stock valued at $590,242,304 over the last 90 days. Company insiders own 23.40% of the company’s stock.

About Time Out Group

Time Out Group is a global media and hospitality business that inspires and enables people to experience the best of the city through its two divisions – Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over the city – today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across over 350 cities in over 50 countries and across a unique multi-platform model spanning both digital and physical channels.