IIJ Announces First Six Months Financial Results for the Fiscal Year Ending March 31, 2019
INTERNET INITIATIVE (IIJI)
US:NASDAQ Investor Relations:
iij.ad.jp/en/ir
Company Research
Source: GlobeNewswire
TOKYO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. ("IIJ" NASDAQ:IIJI, TSE:3774) today announced its first six months consolidated financial results for the fiscal year ending March 31, 2019 (“1H18” from April 1, 2018 to September 30, 2018).1 Highlights of Financial Results for 1H18 Revenues JPY91.0 billion (up 9.6% YoY2)Gross Margin JPY14.1 billion (up 8.2% YoY)Operating Income JPY2.9 billion (up 25.8% YoY)Adjusted Income before Income Tax Expense3 JPY2.9 billion (up 25.2% YoY)Adjusted Net Income attributable to IIJ3 JPY1.7 billion (up 22.7% YoY) Overview of 1H18 Financial Results and Business Outlook “Overall demands for network services and systems integration by Japanese enterprises have been favorable. We continued to meet their IT demands by leveraging our accumulated business assets of technology, system infrastructure, and blue-chip customer base as well as competitive various network services including cloud, security and mobile. This effort has been
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