Internet Initiative Japan (OTCMKTS:IIJIY) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Internet Initiative Japan (OTCMKTS:IIJIY) released its earnings results on Friday. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.01), Zacks reports. Internet Initiative Japan had a net margin of 6.97% and a return on equity of 15.69%.

Internet Initiative Japan Price Performance

OTCMKTS IIJIY remained flat at $43.49 during trading on Friday. 3,005 shares of the company’s stock traded hands, compared to its average volume of 820. The stock has a market capitalization of $3.99 billion, a PE ratio of 24.16 and a beta of 1.13. Internet Initiative Japan has a 1-year low of $27.00 and a 1-year high of $44.51. The business’s 50-day simple moving average is $40.30 and its 200 day simple moving average is $34.77.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Internet Initiative Japan in a report on Tuesday, June 30th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

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.