AP NEWS
Click to copy
Click to copy

Majesco: Fiscal 1Q Earnings Snapshot

August 7, 2019

MORRISTOWN, N.J. (AP) _ Majesco (MJCO) on Wednesday reported fiscal first-quarter net income of $1.3 million.

On a per-share basis, the Morristown, New Jersey-based company said it had profit of 3 cents.

The insurance software developer posted revenue of $37.3 million in the period.

Majesco shares have increased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.79, a fall of 1% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MJCO at https://www.zacks.com/ap/MJCO

All contents © copyright 2019 The Associated Press. All rights reserved.