Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) posted its quarterly earnings results on Thursday. The communications equipment provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.10, Zacks reports. Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.12%.
Internet Initiative Japan Stock Performance
IIJIY stock remained flat at $37.50 during midday trading on Thursday. 769 shares of the company’s stock traded hands, compared to its average volume of 811. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 22.32 and a beta of 1.11. Internet Initiative Japan has a 12-month low of $27.00 and a 12-month high of $44.71. The business has a 50-day moving average price of $31.68 and a 200-day moving average price of $32.96.
Internet Initiative Japan Company Profile
Internet Initiative Japan Inc (OTCMKTS: IIJIY) was founded in 1992 and is recognized as Japan’s first commercial Internet service provider. Headquartered in Tokyo, the company builds and operates large‐scale IP networks, offering a full suite of connectivity solutions including dedicated internet access, virtual private networks (VPNs), multiprotocol label switching (MPLS) services, and high‐capacity leased lines. IIJ’s network backbone spans major Japanese cities and is linked to international points of presence, supporting both domestic and cross-border data traffic.
In addition to core connectivity services, IIJ provides a broad portfolio of IT infrastructure offerings.
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