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N2N Technologies

BSE:512279
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
512279
BSE
₹61M
Market Cap
  1. Home
  2. IN
  3. Software
Company description

N2N Technologies Limited provides IT and IT enabled services in India and internationally. The last earnings update was 19 days ago. More info.


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512279 Share Price and Events
7 Day Returns
0%
BSE:512279
-0.5%
IN IT
1%
IN Market
1 Year Returns
-
BSE:512279
23.6%
IN IT
-5.5%
IN Market
512279 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
N2N Technologies (512279) 0% 0% - - -67.9% -52.4%
IN IT -0.5% -0.6% 3.6% 23.6% 47.9% 69.8%
IN Market 1% -0.1% -1.6% -5.5% 40.5% 74.5%
1 Year Return vs Industry and Market
  • No trading data on 512279.
  • No trading data on 512279.
Price Volatility
512279
Industry
5yr Volatility vs Market

512279 Value

 Is N2N Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for N2N Technologies. This is due to cash flow or dividend data being unavailable. The share price is ₹19.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for N2N Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are N2N Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:512279 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹0.02
BSE:512279 Share Price ** BSE (2018-12-06) in INR ₹19
India IT Industry PE Ratio Median Figure of 83 Publicly-Listed IT Companies 15.59x
India Market PE Ratio Median Figure of 2,715 Publicly-Listed Companies 15.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of N2N Technologies.

BSE:512279 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:512279 Share Price ÷ EPS (both in INR)

= 19 ÷ 0.02

845.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • N2N Technologies is overvalued based on earnings compared to the IN IT industry average.
  • N2N Technologies is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does N2N Technologies's expected growth come at a high price?
Raw Data
BSE:512279 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 845.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India IT Industry PEG Ratio Median Figure of 23 Publicly-Listed IT Companies 1.31x
India Market PEG Ratio Median Figure of 601 Publicly-Listed Companies 1.19x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for N2N Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on N2N Technologies's assets?
Raw Data
BSE:512279 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹48.86
BSE:512279 Share Price * BSE (2018-12-06) in INR ₹19
India IT Industry PB Ratio Median Figure of 108 Publicly-Listed IT Companies 1.32x
India Market PB Ratio Median Figure of 3,596 Publicly-Listed Companies 1.08x
BSE:512279 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:512279 Share Price ÷ Book Value per Share (both in INR)

= 19 ÷ 48.86

0.39x

* Primary Listing of N2N Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • N2N Technologies is good value based on assets compared to the IN IT industry average.
X
Value checks
We assess N2N Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. N2N Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

512279 Future Performance

 How is N2N Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as N2N Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.4%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is N2N Technologies expected to grow at an attractive rate?
  • Unable to compare N2N Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare N2N Technologies's earnings growth to the India market average as no estimate data is available.
  • Unable to compare N2N Technologies's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:512279 Future Growth Rates Data Sources
Data Point Source Value (per year)
India IT Industry Earnings Growth Rate Market Cap Weighted Average 10.4%
India IT Industry Revenue Growth Rate Market Cap Weighted Average 10.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.4%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:512279 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:512279 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 0
2018-09-30 0
2018-06-30 1
2018-03-31 -3 1
2017-12-31 0 -29
2017-09-30 -30
2017-06-30 -30
2017-03-31 -31 -29
2016-03-31 79 -37 -109

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if N2N Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if N2N Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:512279 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from N2N Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512279 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 0.02
2018-09-30 0.10
2018-06-30 0.18
2018-03-31 0.25
2017-12-31 -9.18
2017-09-30
2017-06-30 -7.41
2017-03-31 -9.10
2016-03-31 -24.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if N2N Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 512279’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. N2N Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. N2N Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess N2N Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
N2N Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

512279 Past Performance

  How has N2N Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare N2N Technologies's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • N2N Technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • N2N Technologies has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • N2N Technologies has become profitable in the last year making it difficult to compare the IN IT industry average.
Earnings and Revenue History
N2N Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from N2N Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512279 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.07
2018-09-30 0.32
2018-06-30 0.55
2018-03-31 0.82
2017-12-31 0.16 -28.72 0.00
2017-09-30 -29.80 0.00
2017-06-30 -29.59 0.00
2017-03-31 -29.36 0.00
2016-03-31 78.63 -109.02 7.81
2015-03-31 21.31 41.64 2.34
2014-03-31 25.48 48.73 13.83
2013-06-30 2,584.21 104.40 180.87
2013-03-31 2,002.08 85.85 78.10
2012-12-31 2.38 -0.70 1.51
2012-06-30 -0.96 0.53 0.08
2012-03-31 1.22 0.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • N2N Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if N2N Technologies has efficiently used its assets last year compared to the IN IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if N2N Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess N2N Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
N2N Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

512279 Health

 How is N2N Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up N2N Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • N2N Technologies's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • N2N Technologies's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of N2N Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from N2N Technologies Company Filings, last reported 2 months ago.

BSE:512279 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 153.08 1.25 0.09
2018-09-30 153.08 1.25 0.09
2018-06-30 153.77 1.25 0.82
2018-03-31 153.77 1.25 0.82
2017-12-31 156.97 1.25 1.00
2017-09-30 156.97 1.25 1.00
2017-06-30
2017-03-31 152.95 1.25 1.99
2016-03-31 44.44 162.93 0.61
2015-03-31 266.44 146.54 7.40
2014-03-31 259.45 46.15 0.80
2013-06-30 319.03 504.17 20.77
2013-03-31 319.03 504.17 20.77
2012-12-31
2012-06-30 62.55 0.25 0.13
2012-03-31 62.55 0.25 1.07
  • N2N Technologies's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (69.9% vs 0.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 0.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess N2N Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. N2N Technologies has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

512279 Dividends

 What is N2N Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from N2N Technologies dividends.
If you bought ₹2,000 of N2N Technologies shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate N2N Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate N2N Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:512279 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India IT Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as N2N Technologies has not reported any payouts.
  • Unable to verify if N2N Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of N2N Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as N2N Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess N2N Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can N2N Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. N2N Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

512279 Management

 What is the CEO of N2N Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rahul Shah
COMPENSATION ₹40,000
AGE 51
CEO Bio

Mr. Rahul Dilip Shah is the founder of DSR Management Inc. and serves as its Chief Executive Officer. Mr. Shah serves as the Chief Executive Officer at N2N Technologies Limited. Mr. Shah serves as an advisor for a Bioinformatics firm based out of India. He served as the President at DSR Management Inc. Prior to his founding of DSR Management Inc, Mr. Shah served as an Independent Consultant at Allstate Insurance and Comdisco Inc., where he was responsible for establishing a QA team. He serves as the Chairman at N2N Technologies Limited. He has been an Executive Director at N2N Technologies Limited since November 14, 2011. He serves as a Director of DSR Infotech Private Limited.

CEO Compensation
  • Rahul's compensation has been consistent with company performance over the past year.
  • Rahul's remuneration is lower than average for companies of similar size in India.
Management Team

Rahul Shah

TITLE
Chairman & CEO
COMPENSATION
₹40K
AGE
51

M. Rushikesh

TITLE
Chief Financial Officer
Board of Directors Tenure

Average tenure of the N2N Technologies board of directors in years:

3
Average Tenure
  • The tenure for the N2N Technologies board of directors is about average.
Board of Directors

Rahul Shah

TITLE
Chairman & CEO
COMPENSATION
₹40K
AGE
51

Nishant Upadhyay

TITLE
Non-Executive Independent Director
TENURE
3.5 yrs

Mahalakshmi Dandapani

TITLE
Non-Executive Independent Director
TENURE
3 yrs

Tushar Shah

TITLE
Independent Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess N2N Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. N2N Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

512279 News

Simply Wall St News

512279 Company Info

Map
Description

N2N Technologies Limited provides IT and IT enabled services in India and internationally. The company offers consulting services, including quality management services, such as QA assessment, testing, automation, and performance testing; business intelligence services comprising strategy and execution, data leverage, and application development; and SAP services, which consists of evaluation, audit, upgrade, template and rollout, training, helpdesk, international financial reporting standards analysis and interpretation, turnkey SAP implementation, human capital management, NetWeaver, solution manager, and supply chain management. Its consulting services also comprise Web services, such as planning, designing, building, and implementation services; and engineering services, including system hardware design, firmware and software application, PCB design, measurement and control, interface technologies, and testing and validation services. The company also provides professional services, such as permanent placement and contract staffing services; and systems integration, custom software development, maintenance, re-engineering, and IT infrastructure services. The company was formerly known as Visisth Mercantile Limited. N2N Technologies Limited was incorporated in 1985 and is based in Pune, India.

Details
Name: N2N Technologies Limited
512279
Exchange: BSE
Founded: 1985
₹61,333,311
3,228,069
Website: http://www.n2ntechno.com
Address: N2N Technologies Limited
Sun Lounge,
Ground Floor (Right wing),
Pune,
Maharashtra, 411028,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 512279 Equity Shares Mumbai Stock Exchange IN INR 30. Nov 2004
Number of employees
Current staff
Staff numbers
0
N2N Technologies employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/05 12:34
End of day share price update: 2018/12/06 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.