TSE:9424Wireless Telecom
Japan Communications (TSE:9424) Stock Faces Margin Squeeze Despite Revenue Growth
Japan Communications stock had already been under pressure, with the share price down over the past week and quarter. However, Q1 numbers did not deliver the snapback some investors might have hoped for. The headline is margin strain. Net income for the quarter came in at ¥158 million on revenue of ¥3,154 million, which keeps the company profitable but points to a tighter spread than the multi year profit growth story suggests.
Is Japan Communications trading at a genuine discount, or do the...