Ricoh (OTCMKTS:RICOY) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Ricoh (OTCMKTS:RICOY) released its quarterly earnings results on Thursday. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08, Zacks reports. Ricoh had a return on equity of 5.29% and a net margin of 2.28%.The company had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.13 billion.

Ricoh Stock Performance

Shares of Ricoh stock opened at $9.60 on Friday. The company has a 50 day moving average price of $8.91 and a 200 day moving average price of $8.93. The firm has a market capitalization of $5.47 billion, a P/E ratio of 14.54 and a beta of 0.40. The company has a quick ratio of 1.05, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. Ricoh has a 52 week low of $8.09 and a 52 week high of $11.45.

Ricoh Company Profile

Ricoh Company, Ltd. is a Tokyo-based multinational technology firm specializing in imaging, document management, and digital services. The company’s core business revolves around the design, manufacturing and support of office equipment such as multifunction printers, copiers and production printing systems, complemented by software solutions that streamline document workflows and enhance collaboration in the workplace.

Beyond its traditional hardware offerings, Ricoh has expanded into managed IT services and digital workplace consultancy, helping organizations transition to cloud-based environments and optimize information management.