Nuvera Communications (OTCMKTS:NUVR) Releases Earnings Results

Key Points

• Nuvera Communications reported a quarterly earnings per share (EPS) of ($0.08), alongside a positive return on equity of 0.87% and a negative net margin of 5.89%.
• The company's stock price increased by 1.9% during trading, reaching $12.25, with a market cap of $63.88 million.
• Nuvera operates as a diversified communications provider in the U.S., offering broadband Internet and voice over Internet protocol (VoIP) services.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) posted its earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $17.81 million for the quarter. Nuvera Communications had a positive return on equity of 0.89% and a negative net margin of 5.83%.

Nuvera Communications Trading Up 0.2%

Shares of OTCMKTS NUVR traded up $0.02 during trading on Tuesday, reaching $12.52. The stock had a trading volume of 1,760 shares, compared to its average volume of 2,776. Nuvera Communications has a fifty-two week low of $7.25 and a fifty-two week high of $12.6570. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.72 and a current ratio of 2.39. The business's 50-day moving average price is $11.31 and its 200-day moving average price is $10.90. The company has a market cap of $65.35 million, a P/E ratio of -16.26 and a beta of 0.11.

About Nuvera Communications

Nuvera Communications, Inc operates as a diversified communications company in the United States. The company offers broadband Internet access and voice over Internet protocol (VoIP) phone services; voice services to make and receive telephone calls within a defined local calling area; and network access services to other communication carriers for the use of its facilities to terminate or originate long distance calls on its fiber network.