Harmonic Drive Systems (HSYDF) Expected to Release Quarterly Earnings on Wednesday

Harmonic Drive Systems (OTCMKTS:HSYDF) is anticipated to release its results after the market closes on Wednesday, November 11th. Analysts expect Harmonic Drive Systems to announce earnings of $0.0807 per share and revenue of $124.84 million for the quarter.

Harmonic Drive Systems Stock Performance

OTCMKTS HSYDF opened at $32.75 on Wednesday. Harmonic Drive Systems has a fifty-two week low of $16.20 and a fifty-two week high of $57.16. The stock’s 50-day moving average is $37.26 and its two-hundred day moving average is $35.68.

Harmonic Drive Systems Company Profile

Harmonic Drive Systems Inc is a Japanese manufacturer of precision motion-control components and systems. The company is best known for its strain-wave gearing technology, marketed under the HarmonicDrive brand, which provides high-precision speed reduction, torque transmission and positioning in a compact design.

Its products include precision reducers, gearheads, servo actuators and related motion-control solutions. These products are used in industrial robots, factory-automation equipment, semiconductor and electronics manufacturing machinery, medical devices, aerospace systems and other applications that require accurate, repeatable movement.

Founded in Japan in 1970, Harmonic Drive Systems serves customers through operations and distribution networks in Japan and international markets, including North America, Europe and Asia.