Blackboxstocks earnings inline, Revenue misses in Q3

  • Investing.com
Blackboxstocks earnings inline, Revenue misses in Q3
Credit: © Reuters.

Investing.com - Blackboxstocks reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Blackboxstocks announced earnings per share of $-0.08 on revenue of $1.22M. Analysts polled by Investing.com anticipated EPS of $-0.08 on revenue of $1.3M (NYSE: MMM ).

Blackboxstocks shares are down 64% from the beginning of the year and are trading at $0.50 , down-from-52-week-high.

Blackboxstocks shares lost 8.51% in intra-day trade the report.

Blackboxstocks follows other major Information Technology sector earnings this month

Blackboxstocks's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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