Obic (OTCMKTS:OBIIF) Announces Earnings Results, Beats Expectations By $0.03 EPS

by · The Markets Daily

Obic (OTCMKTS:OBIIF – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03, Zacks reports. Obic had a net margin of 55.67% and a return on equity of 15.43%.

Obic Price Performance

Shares of OBIIF opened at $21.11 on Wednesday. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of 18.52 and a beta of 0.68. Obic has a 1-year low of $21.11 and a 1-year high of $28.52. The company has a 50-day moving average of $23.60 and a 200 day moving average of $25.87.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Obic to a “hold” rating in a research report on Monday, June 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Obic currently has a consensus rating of “Hold”.

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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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