Fujitsu (OTCMKTS:FJTSY) Releases Earnings Results

Fujitsu (OTCMKTS:FJTSY) released its earnings results on Friday. The technology company reported $0.21 earnings per share for the quarter, Zacks reports. Fujitsu had a net margin of 6.94% and a return on equity of 13.88%. Fujitsu updated its FY 2024 guidance to 0.810-0.810 EPS.

Fujitsu Stock Up 2.5 %

Shares of OTCMKTS FJTSY traded up $0.47 on Friday, reaching $19.02. 241,111 shares of the company’s stock traded hands, compared to its average volume of 141,101. The business’s 50 day simple moving average is $17.98 and its two-hundred day simple moving average is $18.42. Fujitsu has a 12 month low of $13.39 and a 12 month high of $22.01. The company has a market cap of $35.84 billion, a price-to-earnings ratio of 37.10 and a beta of 0.90. The company has a quick ratio of 1.14, a current ratio of 1.43 and a debt-to-equity ratio of 0.05.

About Fujitsu

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC’s, desktop PC’s, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.