Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) announced its quarterly earnings data on Thursday. The communications equipment provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.04, Zacks reports. Internet Initiative Japan had a return on equity of 15.74% and a net margin of 6.79%. The firm had revenue of $713.87 million during the quarter, compared to analysts’ expectations of $610.90 million.
Internet Initiative Japan Price Performance
Shares of Internet Initiative Japan stock traded up $6.04 on Friday, hitting $45.14. 752 shares of the company’s stock traded hands, compared to its average volume of 435. Internet Initiative Japan has a one year low of $27.00 and a one year high of $47.46. The stock has a market capitalization of $4.14 billion, a PE ratio of 24.80 and a beta of 1.19. The firm’s 50-day moving average price is $43.64 and its two-hundred day moving average price is $37.63.
About Internet Initiative Japan
Internet Initiative Japan Inc (IIJ) is a Japanese information technology and telecommunications company that provides internet connectivity, network services, and systems integration solutions. Founded in 1992, IIJ is recognized as one of Japan’s early commercial internet service providers and primarily serves businesses, government organizations, and other institutional customers.
The company offers dedicated internet access, wide-area networking, data center and cloud services, mobile communications, cybersecurity, and managed network operations.
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