MIPS earnings, Revenue miss in Q3

  • Investing.com
MIPS earnings, Revenue miss in Q3
Credit: © Reuters.

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

MIPS announced earnings per share of kr1.10 on revenue of kr113.00. Analysts polled by Investing.com anticipated EPS of kr1.91 on revenue of kr175.23M.

MIPS shares are down 71.61% from the beginning of the year and are trading at kr337.00 , down-from-52-week-high.

MIPS follows other major Consumer Discretionary sector earnings this month

MIPS's report follows an earnings missed by H&M B on Thursday, September 29, 2022, who reported EPS of kr1.3 on revenue of kr57.45B, compared to forecasts EPS of kr1.98 on revenue of kr57.45B.

SkiStar had missed expectations on Tuesday, October 4, 2022 with fourth quarter EPS of kr-2.69 on revenue of kr221.37M, compared to forecast for EPS of kr-2.67 on revenue of kr216M.

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

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