Obic (OTCMKTS:OBIIF – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.01, Zacks reports. Obic had a return on equity of 15.65% and a net margin of 56.13%. The firm had revenue of $243.48 million for the quarter, compared to analysts’ expectations of $237.82 million.
Obic Price Performance
Shares of OTCMKTS:OBIIF remained flat at $40.13 during midday trading on Thursday. 704 shares of the stock traded hands, compared to its average volume of 25,380. Obic has a 1-year low of $21.11 and a 1-year high of $40.72. The company’s 50-day moving average price is $32.56 and its 200 day moving average price is $27.48. The stock has a market cap of $17.51 billion, a P/E ratio of 34.59 and a beta of 0.68.
Obic Company Profile
Obic Co, Ltd. is a Japanese information technology company that provides business software and systems integration services. The company develops and supports enterprise systems designed to help organizations manage accounting, human resources, payroll, sales, production, inventory and other core administrative functions.
Obic’s principal software offering is the OBIC7 enterprise resource planning platform, which is tailored to the operational needs of businesses and other organizations.
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