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Broadband

IIJ quarterly revenue up 11% on enterprise IT services demand

Friday 9 August 2019 | 10:31 CET | News
Japanese network provider Internet Initiative Japan (IIJ) posted total revenues of JPY 49.82 billion for its fiscal first quarter ended 30 June 2019, which represents an increase of 11.1 percent year-on-year. Revenue growth was mainly boosted by Japanese enterprises' demand for IT services. IIJ also said that strong demand for security and network in particular contributed to the growth of its recurring revenue, which accounted for 83.4 percent of its total revenues in the quarter. Profit for the quarter amounted to JPY 826 million, down 9.7 percent year-on-year.

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Categories: Fixed
Companies: IIJ
Countries: Japan
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