Beamr Imaging (NASDAQ:BMR) Issues Earnings Results

Beamr Imaging (NASDAQ:BMR) posted its quarterly earnings results on Tuesday. The company reported ($0.14) earnings per share for the quarter, FiscalAI reports. The business had revenue of $0.44 million during the quarter.

Beamr Imaging Price Performance

Shares of NASDAQ:BMR opened at $1.31 on Wednesday. The firm has a 50 day moving average of $1.44 and a 200 day moving average of $1.64. Beamr Imaging has a 52 week low of $1.06 and a 52 week high of $3.85.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, May 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Insider Activity

In related news, CEO Sharon Carmel purchased 82,650 shares of the business’s stock in a transaction dated Wednesday, July 22nd. The shares were acquired at an average cost of $1.28 per share, for a total transaction of $105,792.00. Following the acquisition, the chief executive officer owned 3,650,840 shares of the company’s stock, valued at $4,673,075.20. The trade was a 2.32% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Beamr Imaging

A number of institutional investors have recently added to or reduced their stakes in BMR. Susquehanna International Group LLP raised its holdings in Beamr Imaging by 15.2% in the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock worth $176,000 after purchasing an additional 7,600 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Beamr Imaging during the 3rd quarter valued at $33,000. Renaissance Technologies LLC grew its stake in Beamr Imaging by 56.2% during the 4th quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock worth $65,000 after buying an additional 15,000 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Beamr Imaging in the first quarter valued at about $84,000. Institutional investors own 0.71% of the company’s stock.

Beamr Imaging Company Profile

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.