Investing.com - Beasley reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Beasley announced earnings per share of $0.020 on revenue of $63.82M. Analysts polled by Investing.com anticipated EPS of $0.045 on revenue of $68.6M.
Beasley shares are down 28% from the beginning of the year, still down 58.03% from its 52 week high of $2.49 set on November 8, 2021.
Beasley shares gained 2.45% in intra-day trade following the report.
Beasley follows other major Communication Services sector earnings this month
Beasley's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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