Nitto Denko (OTCMKTS:NDEKY – Get Free Report) posted its quarterly earnings results on Tuesday. The technology company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05, Zacks reports. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.87 billion.
Nitto Denko Price Performance
Shares of OTCMKTS:NDEKY opened at $22.75 on Wednesday. Nitto Denko has a 12-month low of $17.75 and a 12-month high of $26.43. The business has a 50 day moving average of $22.02 and a two-hundred day moving average of $21.11.
Nitto Denko Company Profile
Nitto Denko Corporation is a Japanese materials and manufacturing company that develops and supplies high-performance products for industrial, electronic, automotive, life science and other applications. Founded in 1918, the company has expanded from its original focus on electrical insulation materials into a diversified global technology business.
Its product portfolio includes industrial and specialty adhesive tapes, protective films, sealing and insulation materials, optical films used in displays, flexible printed circuit materials, and materials for semiconductor manufacturing.
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