Amplifon (OTCMKTS:AMFPF) Announces Quarterly Earnings Results

Amplifon (OTCMKTS:AMFPF) posted its earnings results on Thursday. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.03), Zacks reports. Amplifon had a return on equity of 15.11% and a net margin of 6.58%. The business had revenue of $687.81 million during the quarter, compared to the consensus estimate of $622.52 million.

Amplifon Stock Performance

OTCMKTS:AMFPF opened at $22.00 on Friday. The firm has a market capitalization of $4.96 billion, a PE ratio of 29.73 and a beta of 0.35. The stock’s fifty day moving average is $26.09 and its 200 day moving average is $27.18. Amplifon has a fifty-two week low of $22.00 and a fifty-two week high of $35.00. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.40 and a current ratio of 0.47.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Amplifon to a “hold” rating in a research report on Thursday, December 12th.

Amplifon Company Profile

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.