Sharp (OTCMKTS:SHCAY) Posts Quarterly Earnings Results

Sharp (OTCMKTS:SHCAY) announced its quarterly earnings results on Friday. The company reported ($0.01) EPS for the quarter, Zacks reports. Sharp had a negative net margin of 5.90% and a negative return on equity of 15.64%. Sharp updated its FY 2024 guidance to EPS.

Sharp Stock Up 4.3 %

OTCMKTS:SHCAY opened at $1.58 on Friday. Sharp has a 1 year low of $1.16 and a 1 year high of $1.74. The business has a 50 day simple moving average of $1.48 and a 200-day simple moving average of $1.49. The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 3.15.

Sharp Company Profile

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.