The Professional Diversity Network Inc (IPDN) Announces Earnings Results

The Professional Diversity Network Inc (IPDN) Announces  Earnings Results

Shares of Professional Diversity Network (NASDAQ:IPDN) opened at 8.64 on Monday. Professional Diversity Network has a 52 week low of $2.88 and a 52 week high of $13.90. The company’s market cap is $33.96 million. The firm’s 50-day moving average price is $8.37 and its 200 day moving average price is $9.34.

Professional Diversity Network Inc (NASDAQ:IPDN) announced its earnings results on Monday. The information services provider reported ($0.80) earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $5.63 million for the quarter. Professional Diversity Network had a negative net margin of 25.54% and a negative return on equity of 33.50%.

An institutional investor recently raised its position in Professional Diversity Network stock. Vanguard Group Inc. raised its position in Professional Diversity Network Inc (NASDAQ:IPDN) by 23.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,061 shares of the information services provider’s stock after buying an additional 3,052 shares during the period. Vanguard Group Inc. owned approximately 0.44% of Professional Diversity Network worth $154,000 as of its most recent filing with the SEC. 4.67% of the stock is owned by hedge funds and other institutional investors.

Professional Diversity Network Company Profile Professional Diversity Network, Inc is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:IPDN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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