Nikon (OTCMKTS:NINOY) Posts Earnings Results, Beats Estimates By $0.06 EPS
by Teresa Graham · The Cerbat GemNikon (OTCMKTS:NINOY – Get Free Report) posted its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.06, Zacks reports. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.
Nikon Stock Down 1.4%
Shares of NINOY traded down $0.18 during midday trading on Thursday, reaching $12.31. 734 shares of the company were exchanged, compared to its average volume of 7,600. Nikon has a 1-year low of $9.48 and a 1-year high of $15.00. The stock has a 50-day moving average price of $12.93 and a 200-day moving average price of $12.52. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. The company has a market cap of $4.05 billion, a price-to-earnings ratio of -7.28 and a beta of 0.50.
About Nikon
Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.
In its Digital Imaging division, Nikon produces a wide range of cameras—from entry-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.
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