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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Murata Manufacturing Co Ltd (OTC:MRAAY) reported first-quarter FY21 net sales growth of 34.5% year-on-year to ¥439.6 billion.
- An increase in capacitors for automotive electronics and smartphones and SAW filters, inductors, and RF modules for smartphones drove the numbers.
- The operating margin expanded 820 bps to 23.9%.
- The net income rose 95.1% Y/Y to ¥77.2 billion.
- Murata generated ¥58.1 billion in operating cash flow and held ¥373.7 billion in cash and equivalents.
- Outlook: The company sees FY21 net sales of ¥1.73 billion.
- Price action: MRAAY shares traded higher by 6.39% at $21.8 on the last check Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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