I3 Systems,Inc. Revises Earnings Guidance for the Fiscal Year Ending June 30, 2021
May 31, 2021 at 02:00 am
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i3 Systems,Inc. revised earnings guidance for the fiscal year ending June 30, 2021. For the period, the company expects net sales of JPY 2,025 compared to the previous guidance of JPY 2,004 million. Operating income of JPY 532 million compared to the previous guidance of JPY 450 million. Ordinary profit of JPY 522 million compared to the previous guidance of JPY 430 million. Net income of JPY 387 million compared to the previous guidance of JPY 281 million. Net income per share JPY 74.45 compared to the previous guidance of JPY 54.42.
i Cubed Systems Inc is a Japan-based company mainly engaged in the provision of management services for managing mobile terminals as Software as a Service (SaaS), and the investing activities. The Company operates through two business segments. The CLOMO business segment provides functions for visualizing the usage status of mobile terminals, setting and restricting functions, and security measures as licenses, centered on CLOMO MDM, a mobile device management (MDM) service that centrally manages and operates mobile terminals and mobile personal computers (PCs). The CLOMO business segment also sells licenses for CLOMO SECURED APPs, which are applications for mobile terminals. The main services include CLOMO service and SECURED APPs service. The Investment Business segment is engaged in investment activities through corporate venture capital (CVC) and mergers and acquisitions (M&A). The main investment targets include mobile, SaaS, security and others.
I CUBED SYSTEMS, INC. 
