Jefferies Financial Group Comments on Internet Initiative Japan Inc.’s FY2021 Earnings (IIJI)

Internet Initiative Japan Inc. (NASDAQ:IIJI) – Equities researchers at Jefferies Financial Group issued their FY2021 earnings estimates for Internet Initiative Japan in a research report issued to clients and investors on Thursday, June 28th. Jefferies Financial Group analyst H. Sato forecasts that the communications equipment provider will post earnings of $0.62 per share for the year.

A number of other research analysts have also recently weighed in on IIJI. ValuEngine cut shares of Internet Initiative Japan from a “buy” rating to a “hold” rating in a research note on Monday, June 18th. Zacks Investment Research upgraded shares of Internet Initiative Japan from a “sell” rating to a “hold” rating in a research note on Friday, May 18th.

Internet Initiative Japan opened at $10.03 on Friday, according to Marketbeat Ratings. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.55 and a current ratio of 1.59. The stock has a market capitalization of $918.40 million, a price-to-earnings ratio of 19.29, a P/E/G ratio of 1.82 and a beta of 0.46. Internet Initiative Japan has a twelve month low of $8.12 and a twelve month high of $12.50.

Internet Initiative Japan (NASDAQ:IIJI) last released its earnings results on Tuesday, May 15th. The communications equipment provider reported $0.25 earnings per share for the quarter. The firm had revenue of $447.09 million for the quarter, compared to analysts’ expectations of $445.00 million. Internet Initiative Japan had a net margin of 2.92% and a return on equity of 7.32%.

About Internet Initiative Japan

Internet Initiative Japan Inc offers Internet connectivity, WAN, outsourcing, systems integration, and equipment sales services in Japan. It operates in two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company's Internet connectivity services for enterprise include IP services and IIJ data center connectivity services, IIJ FiberAccess/F and IIJ DSL/F services, IIJ mobile services, and dial-up access services, as well as other Internet connectivity services comprising IIJ ISDN/F and IIJ line management/F services.

Earnings History and Estimates for Internet Initiative Japan (NASDAQ:IIJI)

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