Anritsu Corporation Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
January 30, 2017 at 10:00 am
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Anritsu Corporation reported consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported revenue of ¥21,068 million against ¥23,177 million for the same period a year ago. Operating profit was ¥799 million against ¥1,939 million for the same period a year ago. Profit before tax was ¥1,158 million against ¥1,900 million for the same period a year ago. Profit was ¥792 million against ¥1,559 million for the same period a year ago. Profit attributable to owners of parent was ¥795 million against ¥1,554 million for the same period a year ago. Diluted earnings per share were ¥5.80 against ¥11.32 for the same period a year ago.
For the nine months, the company reported revenue of ¥62,264 million against ¥72,197 million for the same period a year ago. Operating profit was ¥1,669 million against ¥5,176 million for the same period a year ago. Profit before tax was ¥1,214 million against ¥5,112 million for the same period a year ago. Profit was ¥713 million against ¥3,921 million for the same period a year ago. Profit attributable to owners of parent was ¥698 million against ¥3,911 million for the same period a year ago. Diluted earnings per share were ¥5.09 against ¥28.48 for the same period a year ago. Cash flows from operating activities were ¥6,351 million against ¥6,575 million for the same period a year ago. Purchase of property, plant and equipment was ¥1,604 million against ¥6,199 million for the same period a year ago.
For the year ending March 31, 2017, the company expects revenue of ¥87,500 million, operating profit of ¥2,200 million, profit before tax of ¥1,400 million and profit attributable to owners of parent was ¥1,000 million and basic earnings per share of ¥7.28.
ANRITSU CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of measurement equipment. The Company operates in two business segments. The Measurement Equipment segment is engaged in the provision of measurement equipment for digital communications and Internet protocol (IP) networks, optical communications and mobile communications, general-purpose measurement equipment for radio frequency (RF), microwave bands and millimeter wavebands, as well as service assurance. The Products, Quality and Assurance (PQA) segment is engaged in the provision of automated weight sorters, automated electronic measurement equipment, foreign substance detectors, as well as integrated quality management and control systems. The Company is also engaged in the provision of information communication, related devices, logistics and welfare services, the leasing of real estate, the manufacture of components, as well as the human resources (HR) and accounting related clerical business.
Anritsu Corporation Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017