Internet Initiative Japan (OTCMKTS:IIJIY) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Internet Initiative Japan (OTCMKTS:IIJIY) issued its quarterly earnings data on Friday. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01), Zacks reports. Internet Initiative Japan had a net margin of 6.97% and a return on equity of 15.69%.

Internet Initiative Japan Stock Performance

Internet Initiative Japan stock remained flat at $43.49 on Friday. The company’s stock had a trading volume of 3,005 shares, compared to its average volume of 820. Internet Initiative Japan has a fifty-two week low of $27.00 and a fifty-two week high of $44.51. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 24.16 and a beta of 1.13. The firm has a 50-day moving average of $40.30 and a two-hundred day moving average of $34.77.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group started coverage on shares of Internet Initiative Japan in a research note on Tuesday, June 30th. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Internet Initiative Japan presently has a consensus rating of “Buy”.

About Internet Initiative Japan

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.