Focusrite (LON:TUNE) Releases Earnings Results

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

Focusrite Stock Performance

Shares of TUNE opened at GBX 200.02 on Monday. The company has a current ratio of 3.11, a quick ratio of 0.77 and a debt-to-equity ratio of 25.72. The stock has a market capitalization of £116.16 million, a P/E ratio of 22.22, a price-to-earnings-growth ratio of 2.95 and a beta of 1.08. The firm’s fifty day simple moving average is GBX 192.49 and its two-hundred day simple moving average is GBX 208.80. Focusrite has a 12 month low of GBX 150 and a 12 month high of GBX 255.

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.