Universal Entertainment (OTCMKTS:UETMF) Releases Earnings Results

Universal Entertainment (OTCMKTS:UETMF) announced its quarterly earnings data on Thursday. The company reported $0.71 earnings per share for the quarter, Zacks reports. Universal Entertainment had a negative net margin of 181.64% and a positive return on equity of 15.73%. The business had revenue of $196.41 million for the quarter.

Universal Entertainment Stock Performance

Shares of OTCMKTS:UETMF opened at $6.56 on Friday. Universal Entertainment has a 12 month low of $6.37 and a 12 month high of $7.25. The business has a 50-day moving average of $6.56 and a two-hundred day moving average of $6.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.03 and a quick ratio of 1.21. The firm has a market capitalization of $507.95 million, a PE ratio of -0.34 and a beta of 0.50.

Universal Entertainment Company Profile

Universal Entertainment Corporation, trading on the OTC market under the symbol UETMF, is a Japan‐based provider of gaming machines and integrated resort services. Headquartered in Tokyo, the company designs, manufactures and markets a broad range of electronic gaming equipment for domestic pachinko parlors and global casino operators. Its product portfolio includes pachinko and pachislot units for the Japanese market as well as high-end slot machines and digital gaming platforms tailored to international jurisdictions.

At the heart of Universal Entertainment’s operations lies its research and development division, which focuses on hardware engineering and gaming software design.