Investing.com - Ballard reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ballard announced earnings per share of $-0.06 on revenue of $17.6M. Analysts polled by Investing.com anticipated EPS of $-0.0464 on revenue of $25.98M.
Ballard shares are down 13% from the beginning of the year, still down 52.05% from its 52 week high of $42.25 set on February 9. They are under-performing the Nasdaq which is up 7.81% from the start of the year.
Ballard follows other major Technology sector earnings this month
Ballard's report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar