Revenue Update on Papa Murphy's Holdings Inc(NASDAQ:FRSH)

Papa Murphy's Holdings Inc(NASDAQ:FRSH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $29.89M. Analysts estimated a revenue of $33.44M. Earnings per share were $0.06. Analysts had estimated an EPS of $0.05.

Papa Murphy's Holdings Inc (FRSH) made into the market gainers list on Fridays trading session with the shares advancing 6.54% or 0.37 points. Due to strong positive momentum, the stock ended at $6.03, which is also near the day’s high of $6.1. The stock began the session at $5.79 and the volume stood at 4,11,481 shares. The 52-week high of the shares is $17.92 and the 52 week low is $5.15. The company has a current market capitalization of $102 M and it has 1,69,57,420 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Dec 16, 2015, L David Mounts (director) purchased 5,000 shares at $11.14 per share price.Also, On Nov 10, 2015, Victoria T. Blackwell (SVP of Talent and CLO) purchased 830 shares at $11.91 per share price.On Aug 21, 2015, Mark Edward Hutchens (CFO) purchased 2,575 shares at $13.41 per share price, according to the Form-4 filing with the securities and exchange commission.

Papa Murphy’s Holdings Inc. is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company operated a total of 1461 system-wide stores as of December 29 2014. The Company’s offerings include Signature pizzas which include classic combinations of twists; Gourmet Delite pizzas including gourmet combination offerings with 25% less fat and 35% fewer calories than the Signature pizzas; Stuffed pizzas which consists of two-layer four-pound pizzas with meats and vegetables stuffed in two layers of dough; Fresh Pan pizza including signature recipes with a fresh thicker buttery crust; Create Your Own (C.Y.O.) pizzas including customer selection of crust sauce and various combination of the cheese meat and vegetable toppings; and FAVES which consists of three simple pizza classics.

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