Osram Licht (OTCMKTS:OSAGF) Announces Quarterly Earnings Results

Osram Licht (OTCMKTS:OSAGF) issued its quarterly earnings data on Thursday. The company reported ($0.87) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($1.06), Zacks reports. Osram Licht had a positive return on equity of 0.76% and a negative net margin of 6.18%.The business had revenue of $931.49 million during the quarter, compared to analyst estimates of $1.22 billion.

Osram Licht Stock Performance

Osram Licht stock remained flat at $62.23 during midday trading on Friday. Osram Licht has a 1 year low of $59.13 and a 1 year high of $62.23. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.47 and a quick ratio of 1.11. The stock’s fifty day simple moving average is $62.23 and its two-hundred day simple moving average is $60.27. The firm has a market capitalization of $62.13 billion, a price-to-earnings ratio of -26.04 and a beta of 0.14.

Osram Licht Company Profile

Osram Licht (OTCMKTS:OSAGF) is a Germany-based lighting company that designs, manufactures and markets a broad range of lighting products and related systems. Its portfolio spans traditional light sources and advanced LED modules, luminaires, and lighting systems for professional, industrial and consumer applications. The company also supplies specialty lighting for sectors such as automotive, entertainment, health and horticulture, and provides associated services including lighting controls and system integration for commercial and infrastructure projects.

Osram serves customers worldwide through a combination of direct sales, OEM relationships and channel partners, maintaining operations and sales presence across Europe, the Americas and Asia.