Investing.com - Ballard reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ballard announced earnings per share of $-0.1 on revenue of $25.2M. Analysts polled by Investing.com anticipated EPS of $-0.063 on revenue of $26.02M.
Ballard shares are down 17% from the beginning of the year, still down 54.22% from its 52 week high of $42.25 set on February 9. They are under-performing the Nasdaq which is up 24.01% from the start of the year.
Ballard follows other major Technology sector earnings this month
Ballard's report follows an earnings beat by Microsoft on October 26, who reported EPS of $2.27 on revenue of $45.32B, compared to forecasts EPS of $2.08 on revenue of $44B.
Meta Platforms had beat expectations on October 25 with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar