Internet Initiative Japan 9-month Profit, Revenues Rise; Confirms FY24 Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
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Source: Business Insider
Financial Performance: Internet Initiative Japan Inc. reported a 6.2% increase in net profit to 13.79 billion yen and a 14% rise in total revenues to 229.31 billion yen for the first nine months of fiscal 2024, while maintaining its fiscal outlook.
Stock Market Reaction: Despite the positive earnings report, IIJIY shares fell by 2.23% to 2,898.50 yen in trading.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
