Majesco: Fiscal 2Q Earnings Snapshot

November 5, 2019 GMT

MORRISTOWN, N.J. (AP) _ Majesco (MJCO) on Tuesday reported fiscal second-quarter net income of $908,000.

The Morristown, New Jersey-based company said it had net income of 2 cents per share.

The insurance software developer posted revenue of $34.1 million in the period.

Majesco shares have increased 28% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.10, a rise of 25% 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