Ricoh (OTCMKTS:RICOY) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Ricoh (OTCMKTS:RICOY) announced its quarterly earnings data on Thursday. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08, Zacks reports. Ricoh had a return on equity of 5.92% and a net margin of 2.50%.The business had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.13 billion.

Ricoh Price Performance

Shares of Ricoh stock opened at $9.60 on Friday. The business has a 50-day moving average of $8.93 and a 200-day moving average of $8.93. Ricoh has a 1-year low of $8.09 and a 1-year high of $11.45. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 1.05. The company has a market capitalization of $5.47 billion, a PE ratio of 12.80 and a beta of 0.40.

About Ricoh

Ricoh Company, Ltd. is a Tokyo-based multinational technology firm specializing in imaging, document management, and digital services. The company’s core business revolves around the design, manufacturing and support of office equipment such as multifunction printers, copiers and production printing systems, complemented by software solutions that streamline document workflows and enhance collaboration in the workplace.

Beyond its traditional hardware offerings, Ricoh has expanded into managed IT services and digital workplace consultancy, helping organizations transition to cloud-based environments and optimize information management.