Exela Tech earnings, Revenue miss in Q3

  • Investing.com
Exela Tech earnings, Revenue miss in Q3

Investing.com - Exela Tech reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Exela Tech announced earnings per share of $-1.3800 on revenue of $264.04M. Analysts polled by Investing.com anticipated EPS of $-0.5872 on revenue of $283.36M.

Exela Tech shares are down 30% from the beginning of the year and are trading at $0.4048 , down-from-52-week-high.

Exela Tech follows other major Information Technology sector earnings this month

Exela Tech'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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