Higher One Holdings Inc announced the earnings results for Fiscal Year 2016 and Q1. The results came in during Pre-market on May 5, 2016. Company reported revenue of $55.55M. Analysts estimated a revenue of $55.15M. Earnings per share were $0.13. Analysts had estimated an EPS of $0.10.
Higher One Holdings Inc (ONE) shares turned negative on Mondays trading session with the shares closing down -0.01 points or -0.26% at a volume of 78,354. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $3.89. The peak price level was also seen at $3.89 while the days lowest was $3.8. Finally the shares closed at $3.86. The 52-week high of the shares is $4.45 while the 52-week low is $1.85. According to the latest information available, the market cap of the company is $188 M.
Several Insider Transactions has been reported to the SEC. On Oct 29, 2015, Partners Special Opport Zilkha (10% owner) purchased 604,114 shares at $2.95 per share price.Also, On Oct 20, 2015, Partners L.p. Zilkha (10% owner) purchased 13,900 shares at $2.09 per share price.
Higher One Holdings Inc. is a provider of technology-based refund disbursement payment processing and data analytics services to higher education institutions and students. The Company offers products and services to two markets such as higher education institutions and students. For higher education institutions the Company offers Refund Management Disbursement Service CASHNet Payment Processing suite Campus Labs and Campus Solutions Suite. The Refund Management Disbursement Service facilitates the distribution of financial aid and other refunds to students. It offers payment transaction services through its CASHNet Payment Processing payment products. The Campus Labs data analytics suite offers platforms for assessment in higher education. The Campus Solutions Suite includes Campus Solutions NetPay and Campus Solutions Tuition Payment Plans. For students it offers OneAccounts an optional Federal Deposit Insurance Corporation (FDIC) insured online checking accounts.
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