Amplifon (OTCMKTS:AMFPF) Releases Quarterly Earnings Results

Key Points

• Amplifon reported a quarterly earnings per share of $0.25, with a net margin of 5.90% and a return on equity of 13.77%.
• The stock increased by 1.2% following the earnings release, opening at $17.46 with a market capitalization of $3.94 billion.
• Morgan Stanley has restated an "overweight" rating on Amplifon, indicating strong confidence in the company's future performance.

Amplifon (OTCMKTS:AMFPF - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.25 earnings per share for the quarter, Zacks reports. Amplifon had a net margin of 5.90% and a return on equity of 13.77%.

Amplifon Stock Up 1.2%

Shares of AMFPF opened at $17.46 on Friday. Amplifon has a 52 week low of $16.97 and a 52 week high of $29.33. The firm has a market cap of $3.94 billion, a P/E ratio of 25.68 and a beta of 0.53. The firm's 50-day simple moving average is $22.80 and its 200 day simple moving average is $23.01. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.54 and a current ratio of 0.62.

Analysts Set New Price Targets

Separately, Morgan Stanley restated an "overweight" rating on shares of Amplifon in a research note on Wednesday, June 25th.

About Amplifon

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.

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