Ricoh (OTCMKTS:RICOY) Issues Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Ricoh (OTCMKTS:RICOY) posted its earnings results on Friday. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09, Zacks reports. Ricoh had a net margin of 3.10% and a return on equity of 6.99%. The firm had revenue of $4.20 billion for the quarter, compared to analyst estimates of $4.14 billion.

Ricoh Trading Down 6.1%

Shares of RICOY stock traded down $0.72 during trading hours on Friday, hitting $11.04. 778 shares of the company’s stock traded hands, compared to its average volume of 670. The stock has a market cap of $6.29 billion, a PE ratio of 11.74 and a beta of 0.48. The stock’s 50 day simple moving average is $10.90 and its 200 day simple moving average is $9.55. The company has a quick ratio of 1.12, a current ratio of 1.52 and a debt-to-equity ratio of 0.24. Ricoh has a 12 month low of $8.00 and a 12 month high of $12.27.

About Ricoh

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.