Internet Initiative Japan (IIJIY) Expected to Release Quarterly Earnings on Friday

Internet Initiative Japan (OTCMKTS:IIJIY) is anticipated to post its results before the market opens on Friday, August 7th. Analysts expect Internet Initiative Japan to post earnings of $0.3170 per share and revenue of $537.5640 million for the quarter.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its quarterly earnings results on Thursday, May 14th. The communications equipment provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.10. The firm had revenue of $607.44 million for the quarter, compared to analysts’ expectations of $598.43 million. Internet Initiative Japan had a net margin of 6.97% and a return on equity of 15.69%.

Internet Initiative Japan Stock Up 3.9%

Shares of IIJIY stock opened at $43.49 on Thursday. Internet Initiative Japan has a 12-month low of $27.00 and a 12-month high of $44.51. The company has a market capitalization of $3.99 billion, a PE ratio of 24.16 and a beta of 1.13. The firm has a 50 day moving average price of $40.19 and a two-hundred day moving average price of $34.70.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group initiated coverage on Internet Initiative Japan in a research note on Tuesday, June 30th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

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.