Seiko Epson (OTCMKTS:SEKEY) Posts Quarterly Earnings Results, Misses Expectations By $0.24 EPS

Seiko Epson (OTCMKTS:SEKEY) released its earnings results on Friday. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.24), Zacks reports. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.17 billion. Seiko Epson had a net margin of 3.11% and a return on equity of 5.27%.

Seiko Epson Stock Up 8.0%

OTCMKTS SEKEY opened at $7.12 on Friday. The stock has a fifty day moving average of $6.40 and a 200-day moving average of $6.37. The stock has a market capitalization of $5.32 billion, a P/E ratio of 35.60 and a beta of 0.72. Seiko Epson has a 52 week low of $5.75 and a 52 week high of $7.30. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.22 and a current ratio of 2.13.

Seiko Epson Company Profile

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.