Ricoh (OTCMKTS:RICOY) Posts Earnings Results, Misses Estimates By $0.05 EPS

Ricoh (OTCMKTS:RICOY) issued its earnings results on Tuesday. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.05), Zacks reports. The business had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.47 billion. Ricoh had a return on equity of 4.93% and a net margin of 2.13%.

Ricoh Stock Performance

Shares of RICOY remained flat at $8.80 during trading hours on Thursday. The stock had a trading volume of 36 shares, compared to its average volume of 326. Ricoh has a 52-week low of $8.00 and a 52-week high of $11.45. The business’s 50 day moving average price is $8.56 and its two-hundred day moving average price is $8.87. The company has a market cap of $5.01 billion, a P/E ratio of 13.54 and a beta of 0.31. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.06.

Ricoh Company Profile

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.