Seiko Epson (OTCMKTS:SEKEY) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Seiko Epson (OTCMKTS:SEKEY) issued its quarterly earnings data on Tuesday. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03, Zacks reports. Seiko Epson had a return on equity of 5.27% and a net margin of 3.11%.The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.31 billion.

Seiko Epson Stock Performance

Shares of SEKEY stock opened at $6.72 on Thursday. The company has a current ratio of 2.14, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of 14.93 and a beta of 0.68. Seiko Epson has a 12 month low of $5.75 and a 12 month high of $8.58. The business’s 50-day moving average price is $6.32 and its 200-day moving average price is $6.37.

About Seiko Epson

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.