Internet Initiative Japan H1 Profit Down, Revenues Rise; Confirms FY24 Outlook; Stock Drops
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 08 2024
0mins
Source: Business Insider
Company Performance: Internet Initiative Japan Inc. reported a 10.2% decline in net profit for the first half of the fiscal year, despite a 14.7% increase in total revenues.
Fiscal Outlook: The company maintains its fiscal 2024 outlook, expecting a 3.9% rise in attributable net profit and a 10.2% increase in operating profit compared to the previous year.
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.
