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ITmedia Inc. Reports Financial Results for Nine Months Ending December 2024

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ITmedia Inc. Reports Financial Results for Nine Months Ending December 2024

ITmedia Inc. ( (JP:2148) ) has provided an update.

ITmedia Inc. reported consolidated financial results for the nine months ended December 31, 2024, showing a slight increase in revenue by 0.8% compared to the previous year. However, the company experienced a decline in key profitability metrics, including operating income, profit before income taxes, and net income. Despite these decreases, ITmedia Inc. maintains a strong equity ratio of 86.8%. The financial forecast for the fiscal year ending March 31, 2025, anticipates modest growth in revenue and profitability, reflecting a cautious yet positive outlook for the company’s future performance.

More about ITmedia Inc.

ITmedia Inc. is a company listed on the Tokyo Stock Exchange, operating in the digital media industry. It provides a range of online services and content primarily focused on technology and business news, catering to a diverse audience interested in IT developments and trends.

YTD Price Performance: 6.84%

Average Trading Volume: 63,518

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen33.86B

For an in-depth examination of 2148 stock, go to TipRanks’ Stock Analysis page.

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