Disco (OTCMKTS:DSCSY) Posts Earnings Results

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

Disco Price Performance

Disco stock opened at $30.51 on Friday. Disco has a 52-week low of $23.09 and a 52-week high of $42.93. The stock has a fifty day moving average price of $28.01 and a two-hundred day moving average price of $28.34. The firm has a market capitalization of $33.07 billion, a P/E ratio of 49.61 and a beta of 1.07.

About Disco

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.