Softbank Corp. (Japan) (OTCMKTS:SFTBY) Announces Earnings Results

Softbank Corp. (Japan) (OTCMKTS:SFTBY) released its quarterly earnings results on Wednesday, February 7th. The technology company reported $3.58 earnings per share for the quarter, Morningstar.com reports. Softbank Corp. (Japan) had a return on equity of 32.24% and a net margin of 17.15%. The business had revenue of $21.27 billion for the quarter.

Softbank Corp. (SFTBY) traded down $0.45 on Thursday, hitting $41.32. The stock had a trading volume of 96,096 shares, compared to its average volume of 342,929. The company has a current ratio of 1.00, a quick ratio of 0.95 and a debt-to-equity ratio of 2.06. Softbank Corp. has a 1 year low of $35.01 and a 1 year high of $46.56.

A number of research firms have weighed in on SFTBY. Sanford C. Bernstein began coverage on Softbank Corp. (Japan) in a research report on Thursday, October 19th. They set an “outperform” rating on the stock. Jefferies Group set a $53.00 price objective on Softbank Corp. (Japan) and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Zacks Investment Research upgraded Softbank Corp. (Japan) from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th.

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About Softbank Corp. (Japan)

SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through five segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, and ARM. The Domestic Telecommunications segment provides mobile communications and broadband services; sells mobile devices; and provision of fixed-line telecommunications services to corporate customers, such as data communications and fixed-line telephone services.

Earnings History for Softbank Corp. (Japan) (OTCMKTS:SFTBY)

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