Nitto Denko (OTCMKTS:NDEKY) Issues FY 2024 Earnings Guidance

Nitto Denko (OTCMKTS:NDEKYGet Free Report) updated its FY 2024 earnings guidance on Monday. The company provided EPS guidance of 1.240-1.240 for the period. The company issued revenue guidance of $6.6 billion-$6.6 billion.

Nitto Denko Trading Up 3.7 %

Shares of OTCMKTS NDEKY opened at $16.36 on Tuesday. The company has a fifty day moving average price of $32.24 and a 200 day moving average price of $37.71. The firm has a market cap of $11.56 billion, a PE ratio of 14.01 and a beta of 0.92. Nitto Denko has a 1-year low of $12.80 and a 1-year high of $19.43.

Nitto Denko (OTCMKTS:NDEKYGet Free Report) last posted its quarterly earnings data on Friday, July 26th. The technology company reported $0.83 earnings per share (EPS) for the quarter. The company had revenue of $1.60 billion for the quarter. Nitto Denko had a net margin of 12.91% and a return on equity of 12.60%.

About Nitto Denko

(Get Free Report)

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes.

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