TDK (OTCMKTS:TTDKY) Issues Quarterly Earnings Results

TDK (OTCMKTS:TTDKY) issued its earnings results on Tuesday. The technology company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.50, Yahoo Finance reports. TDK had a net margin of 7.96% and a return on equity of 9.96%. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.29 billion.

TDK Price Performance

Shares of TDK stock opened at $69.71 on Thursday. The company has a current ratio of 1.70, a quick ratio of 1.30 and a debt-to-equity ratio of 0.23. TDK has a 1 year low of $33.66 and a 1 year high of $71.84. The firm’s 50-day moving average is $60.44 and its two-hundred day moving average is $53.33.

About TDK

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.