Rohm (OTCMKTS:ROHCY) Announces Earnings Results

Rohm (OTCMKTS:ROHCY) issued its earnings results on Thursday. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.16), Zacks reports. The firm had revenue of $903.29 million during the quarter, compared to analysts’ expectations of $903.63 million. Rohm had a positive return on equity of 4.39% and a negative net margin of 29.85%.

Rohm Stock Down 2.5%

Shares of OTCMKTS:ROHCY traded down $0.46 during trading on Friday, reaching $17.78. 4,774 shares of the stock traded hands, compared to its average volume of 3,507. Rohm has a 52-week low of $12.62 and a 52-week high of $36.52. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.12 and a current ratio of 4.17. The stock has a market cap of $6.86 billion, a P/E ratio of -6.86 and a beta of 1.48. The stock has a 50-day moving average of $28.21 and a two-hundred day moving average of $25.95.

About Rohm

ROHM Co, Ltd. is a Japan-based semiconductor and electronic components manufacturer headquartered in Kyoto. The company develops and produces integrated circuits, discrete semiconductors and electronic components used in automotive, industrial equipment, consumer electronics, telecommunications and other applications.

Its product portfolio includes power management and analog ICs, microcontrollers, LEDs, diodes, transistors, resistors, sensors and timing devices. ROHM also focuses on power semiconductors made with silicon carbide (SiC) and other advanced materials, which are designed to support greater energy efficiency in electric vehicles, charging systems, renewable-energy equipment and industrial power supplies.

Founded in 1958 as Toyo Denpa Kogyo Co, Ltd., the company adopted the name ROHM Co, Ltd.