Ricoh (OTCMKTS:RICOY) Posts Quarterly Earnings Results, Beats Estimates By $0.30 EPS

Ricoh (OTCMKTS:RICOY) announced its quarterly earnings results on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.30, Zacks reports. The firm had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.79 billion. Ricoh had a net margin of 3.10% and a return on equity of 6.98%.

Ricoh Price Performance

Shares of RICOY stock remained flat at $9.41 during mid-day trading on Friday. 5 shares of the stock traded hands, compared to its average volume of 131. The stock’s 50-day moving average price is $9.27 and its two-hundred day moving average price is $9.06. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.12 and a current ratio of 1.49. Ricoh has a twelve month low of $8.00 and a twelve month high of $10.72. The company has a market capitalization of $5.36 billion, a P/E ratio of 10.01 and a beta of 0.37.

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.