Investing.com - PagSeguro Digital reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
PagSeguro Digital announced earnings per share of R$1.25 on revenue of R$4.04B. Analysts polled by Investing.com anticipated EPS of R$1.25 on revenue of R$4.06B.
PagSeguro Digital shares are down 54.2% from the beginning of the year and are trading at R$12.01 , down-from-52-week-high.
PagSeguro Digital follows other major Information Technology sector earnings this month
PagSeguro Digital's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of R$1.29 on revenue of R$90.1B, compared to forecasts EPS of R$1.26 on revenue of R$88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of R$2.35 on revenue of R$50.1B, compared to forecast for EPS of R$2.32 on revenue of R$49.86B.
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