Obic (OBIIF) Projected to Post Earnings on Tuesday

Obic (OTCMKTS:OBIIF) is projected to release its resultson Tuesday, April 21st. Analysts expect Obic to post earnings of $0.2483 per share and revenue of $217.3810 million for the quarter.

Obic (OTCMKTS:OBIIF) last released its quarterly earnings results on Monday, January 26th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. The business had revenue of $219.05 million for the quarter, compared to analysts’ expectations of $222.90 million. Obic had a net margin of 54.92% and a return on equity of 15.58%.

Obic Price Performance

OTCMKTS:OBIIF opened at $24.32 on Tuesday. The stock has a market cap of $10.70 billion, a P/E ratio of 22.11 and a beta of 0.69. The firm’s fifty day simple moving average is $25.64 and its 200 day simple moving average is $30.00. Obic has a twelve month low of $24.32 and a twelve month high of $24.82.

About Obic

Obic (OTCMKTS:OBIIF) is a Tokyo‐based technology company founded in 1978 that specializes in the development and deployment of enterprise resource planning (ERP) software and related IT services. The company’s core offerings include integrated management systems for finance, production, distribution and human resources, which are delivered either through on‐premise installations or via cloud‐based platforms. Obic’s software suite is designed to help businesses streamline operations, improve data visibility and support decision‐making across various functional areas.

In addition to its ERP solutions, Obic provides a range of professional services such as system integration, consulting, customization and ongoing technical support.