Internet Initiative Japan (OTCMKTS:IIJIY) Shares Gap Down - Here's What Happened

Key Points

• Internet Initiative Japan shares gapped down, opening at $31.05 after a $32.90 close and last trading at $31.05 on a volume of 1,010 shares.
• The company missed quarterly estimates, reporting EPS of $0.46 versus the $0.57 consensus and revenue of $557.44 million versus $565.72 million expected.
• IIJ, Japan’s first commercial ISP, has a market cap of $2.85 billion and a P/E of 18.48, with a 50-day moving average of $29.37 and a 200-day moving average of $33.25; analysts forecast $0.37 EPS for the current year.

Shares of Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $32.90, but opened at $31.05. Internet Initiative Japan shares last traded at $31.05, with a volume of 1,010 shares trading hands.

Internet Initiative Japan Stock Performance

The stock has a market capitalization of $2.85 billion, a PE ratio of 18.48 and a beta of 1.11. The stock has a 50-day moving average price of $29.37 and a two-hundred day moving average price of $33.25.

Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by ($0.11). The firm had revenue of $557.44 million during the quarter, compared to analysts' expectations of $565.72 million. Internet Initiative Japan had a return on equity of 15.12% and a net margin of 6.64%. As a group, equities analysts predict that Internet Initiative Japan, Inc. will post 0.37 earnings per share for the current year.

Internet Initiative Japan Company Profile

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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