Fujitsu (OTCMKTS:FJTSY) Updates FY 2024 Earnings Guidance

Fujitsu (OTCMKTS:FJTSY) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.810-0.810 for the period. The company issued revenue guidance of $22.8 billion-$22.8 billion.

Fujitsu Stock Up 2.5 %

Shares of OTCMKTS:FJTSY opened at $19.02 on Friday. The business has a 50-day moving average price of $17.98 and a 200 day moving average price of $18.42. Fujitsu has a 12-month low of $13.39 and a 12-month high of $22.01. The company has a current ratio of 1.43, a quick ratio of 1.14 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $35.84 billion, a price-to-earnings ratio of 37.10 and a beta of 0.90.

Fujitsu (OTCMKTS:FJTSY) last released its quarterly earnings results on Thursday, October 31st. The technology company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $5.82 billion for the quarter. Fujitsu had a net margin of 6.94% and a return on equity of 13.88%. Sell-side analysts expect that Fujitsu will post 0.65 EPS for the current year.

Fujitsu Company Profile

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.