Nuvera Communications (OTCMKTS:NUVR) Posts Quarterly Earnings Results

Key Points

• Quarterly results: Nuvera reported EPS of ($0.01) on revenue of $18.06 million, with a positive return on equity of 0.55% but a negative net margin of 6.26%.
• Stock/valuation: Shares were trading up 5.0%, opening at $13.80, with a market capitalization of $72.04 million and a negative P/E of -16.43; the 52‑week range is $9.60–$15.00.
• Business profile: Nuvera is a diversified U.S. communications company providing broadband, VoIP, video, data, managed IT services and fiber network access to residential and business customers.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $18.06 million for the quarter. Nuvera Communications had a positive return on equity of 0.55% and a negative net margin of 6.26%.

Nuvera Communications Trading Up 5.0%

Shares of Nuvera Communications stock opened at $13.80 on Tuesday. The firm has a market capitalization of $72.04 million, a price-to-earnings ratio of -16.43 and a beta of 0.01. Nuvera Communications has a fifty-two week low of $9.60 and a fifty-two week high of $15.00. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.49 and a current ratio of 1.77. The stock has a 50 day moving average of $13.59 and a 200 day moving average of $13.11.

Nuvera Communications Company Profile

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. It also provides video services, including commercial TV programming, cable television services, and video-on-demand services; data services for business and residential customers; email and managed services comprising web hosting and design, online file back up, and online file storage; directory assistance, operator service, and long-distance private lines; directory publishing, bill processing, and other customer services; and fiber-delivered communications and managed information technology solutions, as well as sells and services customer premise equipment.

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