Osram Licht (OTCMKTS:OSAGF) Issues Quarterly Earnings Results, Misses Expectations By $0.84 EPS

Osram Licht (OTCMKTS:OSAGF) posted its earnings results on Tuesday. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.84), Zacks reports. Osram Licht had a negative return on equity of 7.17% and a negative net margin of 9.77%.The business had revenue of $935.84 million for the quarter, compared to the consensus estimate of $1.22 billion.

Osram Licht Price Performance

Shares of OTCMKTS OSAGF remained flat at $62.23 during mid-day trading on Thursday. The company has a 50-day simple moving average of $61.29 and a two-hundred day simple moving average of $61.31. Osram Licht has a 52-week low of $59.13 and a 52-week high of $62.23. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The company has a market capitalization of $62.13 billion, a P/E ratio of -16.29 and a beta of 0.14.

About Osram Licht

Osram Licht (OTCMKTS:OSAGF) is a Germany-based lighting company that designs, manufactures and markets a broad range of lighting products and related systems. Its portfolio spans traditional light sources and advanced LED modules, luminaires, and lighting systems for professional, industrial and consumer applications. The company also supplies specialty lighting for sectors such as automotive, entertainment, health and horticulture, and provides associated services including lighting controls and system integration for commercial and infrastructure projects.

Osram serves customers worldwide through a combination of direct sales, OEM relationships and channel partners, maintaining operations and sales presence across Europe, the Americas and Asia.