KDDI (OTCMKTS:KDDIY) Announces Quarterly Earnings Results

by · The Cerbat Gem

KDDI (OTCMKTS:KDDIY – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.63), Zacks reports. The business had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $10.31 billion.

KDDI Trading Up 4.0%

OTCMKTS KDDIY traded up $0.65 on Thursday, hitting $16.77. 316,985 shares of the company were exchanged, compared to its average volume of 328,551. The company’s 50 day moving average price is $16.57 and its 200-day moving average price is $16.85. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.56 and a quick ratio of 0.54. The firm has a market capitalization of $63.84 billion, a P/E ratio of 13.31 and a beta of 0.03. KDDI has a twelve month low of $12.95 and a twelve month high of $18.67.

About KDDI

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KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.

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