Obic (OTCMKTS:OBIIF) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS

by · The Cerbat Gem

Obic (OTCMKTS:OBIIF – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02, Zacks reports. Obic had a net margin of 54.71% and a return on equity of 15.60%. The company had revenue of $219.05 million for the quarter, compared to the consensus estimate of $222.90 million.

Obic Price Performance

OTCMKTS OBIIF opened at $32.17 on Tuesday. The stock’s fifty day moving average price is $32.16 and its 200 day moving average price is $33.67. The company has a market cap of $14.15 billion, a price-to-earnings ratio of 30.34 and a beta of 0.67. Obic has a 1 year low of $26.30 and a 1 year high of $40.09.

About Obic

(Get Free Report)

Obic (OTCMKTS:OBIIF) is a Tokyo‐based technology company founded in 1978 that specializes in the development and deployment of enterprise resource planning (ERP) software and related IT services. The company’s core offerings include integrated management systems for finance, production, distribution and human resources, which are delivered either through on‐premise installations or via cloud‐based platforms. Obic’s software suite is designed to help businesses streamline operations, improve data visibility and support decision‐making across various functional areas.

In addition to its ERP solutions, Obic provides a range of professional services such as system integration, consulting, customization and ongoing technical support.

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