Seiko Epson (OTCMKTS:SEKEY) Releases Earnings Results, Misses Expectations By $0.24 EPS

Seiko Epson (OTCMKTS:SEKEY) posted its quarterly earnings data on Friday. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.24), Zacks reports. Seiko Epson had a return on equity of 5.27% and a net margin of 3.11%.

Seiko Epson Stock Up 8.0%

OTCMKTS:SEKEY traded up $0.53 during trading hours on Friday, reaching $7.12. 12,496 shares of the stock were exchanged, compared to its average volume of 28,155. The stock has a market cap of $5.32 billion, a PE ratio of 15.82 and a beta of 0.71. Seiko Epson has a twelve month low of $5.75 and a twelve month high of $7.30. The firm has a 50 day moving average of $6.40 and a 200 day moving average of $6.37. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.13 and a quick ratio of 1.22.

About Seiko Epson

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.