Disco (OTCMKTS:DSCSY) Posts Quarterly Earnings Results

Disco (OTCMKTS:DSCSY) issued its earnings results on Thursday. The company reported $0.19 EPS for the quarter, Zacks reports. Disco had a return on equity of 27.79% and a net margin of 29.12%.

Disco Price Performance

OTCMKTS DSCSY opened at $30.51 on Friday. The company has a 50 day simple moving average of $28.01 and a 200-day simple moving average of $28.34. Disco has a 52-week low of $23.09 and a 52-week high of $42.93. The firm has a market capitalization of $33.07 billion, a price-to-earnings ratio of 49.61 and a beta of 1.07.

Disco Company Profile

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.