Renesas Electronics (OTCMKTS:RNECY) Posts Quarterly Earnings Results

Renesas Electronics (OTCMKTS:RNECYGet Free Report) released its earnings results on Wednesday. The company reported $0.16 EPS for the quarter, Zacks reports. The firm had revenue of $2.28 billion during the quarter.

Renesas Electronics Trading Up 8.9%

RNECY stock traded up $0.73 during mid-day trading on Thursday, reaching $8.90. 469,924 shares of the stock traded hands, compared to its average volume of 646,698. The business has a 50-day moving average price of $7.13 and a two-hundred day moving average price of $6.41. Renesas Electronics has a one year low of $4.62 and a one year high of $9.27.

Key Renesas Electronics News

Here are the key news stories impacting Renesas Electronics this week:

About Renesas Electronics

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Renesas Electronics (OTCMKTS:RNECY) is a global semiconductor manufacturer specializing in microcontrollers, system-on-chip (SoC) devices, analog and power management solutions. The company’s products are designed to address a wide range of applications in automotive electronics, industrial automation, consumer devices, and communications infrastructure. Renesas leverages its expertise in embedded processing and mixed-signal technologies to deliver integrated solutions that help customers reduce development time and improve energy efficiency.

The company’s product portfolio includes 32-bit and 16-bit microcontrollers, application processors, analog and power discrete devices, and sensor interface ICs.

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Earnings History for Renesas Electronics (OTCMKTS:RNECY)

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