Internet Initiative Japan (IIJIY) Projected to Post Quarterly Earnings on Friday

Internet Initiative Japan (OTCMKTS:IIJIY) is expected to be issuing its results before the market opens on Friday, August 7th. Analysts expect Internet Initiative Japan to announce earnings of $0.3170 per share and revenue of $537.5640 million for the quarter.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its earnings results on Thursday, May 14th. The communications equipment provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.10. Internet Initiative Japan had a return on equity of 15.69% and a net margin of 6.97%.The company had revenue of $607.44 million during the quarter, compared to analyst estimates of $598.43 million.

Internet Initiative Japan Stock Performance

Shares of IIJIY opened at $41.85 on Wednesday. The stock has a 50-day moving average of $40.08 and a two-hundred day moving average of $34.64. The stock has a market cap of $3.84 billion, a P/E ratio of 23.25 and a beta of 1.13. Internet Initiative Japan has a one year low of $27.00 and a one year high of $44.51.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group assumed coverage on Internet Initiative Japan in a research note on Tuesday, June 30th. They issued a “neutral” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Internet Initiative Japan Company Profile

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.