Nihon Kohden (OTCMKTS:NHNKY) Releases Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Nihon Kohden (OTCMKTS:NHNKY) released its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.09), Zacks reports. The firm had revenue of $297.47 million for the quarter, compared to the consensus estimate of $299.98 million. Nihon Kohden had a net margin of 5.90% and a return on equity of 9.08%.

Nihon Kohden Trading Down 2.2%

OTCMKTS NHNKY opened at $9.13 on Friday. The stock’s 50 day moving average is $9.12 and its two-hundred day moving average is $9.76. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 16.60 and a beta of 0.37. Nihon Kohden has a 1-year low of $8.12 and a 1-year high of $14.21.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Nihon Kohden to a “hold” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Nihon Kohden has a consensus rating of “Buy”.

About Nihon Kohden

Nihon Kohden Corporation is a Tokyo-based manufacturer of medical electronic equipment, founded in 1951. The company has built a reputation for innovation in patient monitoring and diagnostic systems, developing one of Japan’s earliest electrocardiogram (ECG) machines and pioneering transistor-based oscilloscopes for clinical use. Over the decades, Nihon Kohden has expanded its product portfolio to address a wide range of healthcare needs, from emergency response to intensive care and neurology.

The company’s core offerings include patient monitors, ECG and electroencephalograph (EEG) devices, defibrillators, infusion pumps, and neuromonitoring systems.