Ricoh (OTCMKTS:RICOY) Issues Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Ricoh (OTCMKTS:RICOY – Get Free Report) issued its earnings results on Friday. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.12 by $0.09, Zacks reports. Ricoh had a return on equity of 6.99% and a net margin of 3.10%. The business had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.14 billion.

Ricoh Stock Down 6.1%

RICOY stock opened at $11.04 on Friday. The stock has a market capitalization of $6.29 billion, a P/E ratio of 11.38 and a beta of 0.48. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.52 and a quick ratio of 1.12. Ricoh has a 1-year low of $8.00 and a 1-year high of $12.27. The business has a fifty day moving average price of $10.90 and a 200-day moving average price of $9.55.

About Ricoh

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Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.

Further Reading

Earnings History for Ricoh (OTCMKTS:RICOY)

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