KDDI (OTCMKTS:KDDIY) Issues Quarterly Earnings Results

KDDI (OTCMKTS:KDDIY) released its quarterly earnings results on Friday. The company reported $0.29 earnings per share (EPS) for the quarter, reports. The business had revenue of $9.86 billion during the quarter. KDDI had a return on equity of 10.98% and a net margin of 10.98%. KDDI updated its FY 2024 guidance to 2.280-2.280 EPS.

KDDI Trading Up 3.0 %

OTCMKTS:KDDIY opened at $16.03 on Monday. KDDI has a 52 week low of $12.80 and a 52 week high of $17.64. The firm has a 50-day moving average price of $16.29 and a two-hundred day moving average price of $14.92. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.66 and a current ratio of 0.68. The firm has a market cap of $70.27 billion, a price-to-earnings ratio of 15.72 and a beta of 0.06.

Wall Street Analysts Forecast Growth

Separately, New Street Research upgraded KDDI to a “strong-buy” rating in a research note on Monday, September 9th.

About KDDI

KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.