Zenvia (NASDAQ:ZENV) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Zenvia reported a quarterly EPS of ($0.14), missing the consensus estimate of ($0.13) by ($0.01).
• The company has a negative return on equity of 10.81% and a market capitalization of $66.22 million.
• Goldman Sachs Group Inc. increased its stake in Zenvia by 104.6%, now owning approximately 0.16% of the company.

Zenvia (NASDAQ:ZENV - Get Free Report) posted its quarterly earnings data on Wednesday, September 10th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.01), Zacks reports. The business had revenue of $50.43 million during the quarter, compared to analysts' expectations of $213.34 million. Zenvia had a negative net margin of 10.62% and a negative return on equity of 14.36%.

Zenvia Price Performance

Shares of ZENV traded down $0.03 during trading hours on Wednesday, hitting $1.16. 94,740 shares of the stock were exchanged, compared to its average volume of 85,939. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.38 and a current ratio of 0.38. Zenvia has a 12-month low of $1.02 and a 12-month high of $3.03. The company has a market cap of $60.30 million, a price-to-earnings ratio of -2.91 and a beta of 1.79. The stock's 50-day moving average price is $1.52 and its two-hundred day moving average price is $1.52.

Institutional Trading of Zenvia

An institutional investor recently raised its position in Zenvia stock. Goldman Sachs Group Inc. boosted its stake in shares of Zenvia Inc. (NASDAQ:ZENV - Free Report) by 104.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,644 shares of the company's stock after buying an additional 33,556 shares during the period. Goldman Sachs Group Inc. owned 0.16% of Zenvia worth $139,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 49.25% of the company's stock.

Zenvia Company Profile

Zenvia Inc provides customer experience communications platform which empowers businesses to create unique journeys for their end-customers along their life cycle across range of B2C verticals. Zenvia Inc is based in S?O PAULO.