Renesas Electronics (RNECF) Projected to Post Quarterly Earnings on Friday

Renesas Electronics (OTCMKTS:RNECF) is projected to issue its resultson Friday, July 31st. Analysts expect Renesas Electronics to post earnings of $0.3532 per share and revenue of $2.4288 billion for the quarter.

Renesas Electronics Stock Performance

OTCMKTS:RNECF opened at $25.12 on Friday. The firm’s 50-day moving average is $27.32 and its 200-day moving average is $20.89. Renesas Electronics has a 52-week low of $10.00 and a 52-week high of $31.85.

Renesas Electronics Company Profile

Renesas Electronics Corporation is a global semiconductor company headquartered in Tokyo, Japan, specializing in microcontrollers, microprocessors, analog and power devices. The company offers a diversified product portfolio that includes general-purpose and real-time MCUs, automotive system-on-chip (SoC) solutions, analog ICs, power management products, and connectivity devices. Its solutions are designed to meet the needs of applications ranging from automotive safety and electrification to industrial automation, Internet of Things (IoT) systems and communications infrastructure.

Established in April 2010 through the merger of NEC Electronics Corporation and Renesas Technology Corporation, Renesas has grown through both organic research and development and strategic acquisitions.