Internet Initiative Japan (OTCMKTS:IIJIY) Releases Quarterly Earnings Results

Internet Initiative Japan (OTCMKTS:IIJIY) released its earnings results on Thursday. The communications equipment provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.11), Zacks reports. Internet Initiative Japan had a net margin of 6.76% and a return on equity of 15.55%. The company had revenue of $557.44 million during the quarter, compared to analyst estimates of $565.72 million.

Internet Initiative Japan Trading Down 3.3%

Shares of OTCMKTS:IIJIY traded down $1.00 during midday trading on Friday, hitting $29.00. The stock had a trading volume of 870 shares, compared to its average volume of 504. Internet Initiative Japan has a 1 year low of $29.00 and a 1 year high of $44.71. The stock has a 50 day moving average price of $34.45 and a two-hundred day moving average price of $35.89. The company has a market capitalization of $2.66 billion, a PE ratio of 17.16 and a beta of 1.17.

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.