Global innovator of intelligent content processing solutions, Top Image Systems, Ltd. (NASDAQ:TISA), announces that the results of their Q3 2016 earnings will be released on November 15th, 2016.
TEL AVIV, Israel and PLANO, Texas, Nov. 02, 2016 (GLOBE NEWSWIRE) — Top Image Systems Ltd. (TISA) a global innovator of intelligent content processing solutions, today announced that the Company will be releasing its results for the third quarter of 2016 on Tuesday, November 15th, 2016.
The Company will host a conference call and webcast later that same day, Tuesday, November 15th, 2016, at 10:00 am ET, during which the Company’s management will present and discuss the financial results and be available to answer questions from investors.
To join the conference call, please dial in to one of the following teleconference phone lines using the numbers listed below. Please begin placing your calls at least 5 minutes before the conference call commences. If you are unable to connect using the toll-free number, please try the U.S. Toll/International dial-in number.
US Toll-Free Dial-in Number: 1-877-407-0784
US Toll/INTERNATIONAL Dial-in Number: 1-201-689-8560
Israel Toll-Free Dial-in Number: 1-809-406-247
The conference call is scheduled to begin at:
10:00 am Eastern Time
7:00 am Pacific Time
5:00 pm Israel Time
To join the live webcast, please click on the following link: http://public.viavid.com/index.php?id=121864. For those unable to attend the live call or webcast, from the following day an audio recording of the call will be made available for download from the Investors section of the Top Image Systems’ website www.topimagesystems.com; during the next three months the recorded webcast can be viewed by clicking on the same link as for the live webcast: http://public.viavid.com/index.php?id=121864
About Top Image Systems
Top Image Systems™ (TIS™) is a leading innovator of enterprise solutions for managing and validating content entering organizations from various sources. Whether originating from mobile, electronic, paper or other sources, TIS solutions deliver the content to applications that drive the organization. TIS’s eFLOW is a common platform for the company’s solutions. TIS markets its platform in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners. Visit the company’s website http://www.TopImageSystems.com for more information.
Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as “will,” “expects,” “anticipates,” “estimates,” and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management’s current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company’s most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Top Image Systems, Ltd. (NASDAQ:TISA) shares have moved -4.82% on the news thus far today and have traded in the range of $1.48 – 1.69 during the current session. In order to take a look at where the stock might be headed longer term, investors often look to research firms that cover the stock. Sell-side research firms currently have a consensus one-year price target of $3.13 on the stock. This is according to brokerage analysts polled by Thomson Reuters First Call. The sell-side analysts are projecting earnings per share of $0.02 for the next fiscal quarter. For the current year, analysts are predicting earnings of $0.03 per share according to First Call.
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In looking at where the stock is trading on a technical level, the stock is trading -22.36% away from its 50-day moving average of $2.04. Based on the most recent available data, the equity is -58.96% off of its 52-week high of $3.85 and +13.67% away from its 52-week low which is $1.39.
This is a crucial indicator investors watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock. The price to current year EPS estimates from research analysts currently stands at 52.67. In looking further ahead, potential investors should note that the company’s price to next year’s EPS estimates is 26.33.
Today, the stock opened at $1.67 and the last bid at the time of writing stood at $1.58. During the session thus far, the equity dipped down to $1.48 and touched $1.69 as the high point. Top Image Systems, Ltd. (NASDAQ:TISA) Ordin has a market cap of $28.31M and has seen an average daily volume of 27,277 over the past three months.
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