Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $41.92, but opened at $39.25. Internet Initiative Japan shares last traded at $39.25, with a volume of 104 shares changing hands.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group initiated coverage on shares of Internet Initiative Japan in a report on Tuesday, June 30th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Research Report on Internet Initiative Japan
Internet Initiative Japan Price Performance
Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The communications equipment provider reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The company had revenue of $616.85 million for the quarter, compared to analyst estimates of $537.56 million. Internet Initiative Japan had a return on equity of 15.75% and a net margin of 6.79%.
About Internet Initiative Japan
Internet Initiative Japan Inc (OTCMKTS: IIJIY) was founded in 1992 and is recognized as Japan’s first commercial Internet service provider. Headquartered in Tokyo, the company builds and operates large?scale IP networks, offering a full suite of connectivity solutions including dedicated internet access, virtual private networks (VPNs), multiprotocol label switching (MPLS) services, and high?capacity leased lines. IIJ’s network backbone spans major Japanese cities and is linked to international points of presence, supporting both domestic and cross-border data traffic.
In addition to core connectivity services, IIJ provides a broad portfolio of IT infrastructure offerings.
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