Amplifon (OTCMKTS:AMFPF) Announces Quarterly Earnings Results

Amplifon (OTCMKTS:AMFPF) issued its quarterly earnings results on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.03), Zacks reports. Amplifon had a net margin of 6.58% and a return on equity of 15.11%. The company had revenue of $687.81 million for the quarter, compared to analyst estimates of $622.52 million.

Amplifon Stock Performance

Shares of OTCMKTS:AMFPF opened at $22.00 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.47 and a debt-to-equity ratio of 0.64. Amplifon has a 52-week low of $22.00 and a 52-week high of $35.00. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 29.73 and a beta of 0.35. The business has a 50-day moving average price of $26.09 and a 200-day moving average price of $27.18.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Amplifon to a “hold” rating in a research report on Thursday, December 12th.

About Amplifon

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.