Investing.com - Blackboxstocks reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Blackboxstocks announced earnings per share of $-0.08 on revenue of $1.22M. Analysts polled by Investing.com anticipated EPS of $-0.08 on revenue of $1.3M.
Blackboxstocks shares are down 64% from the beginning of the year, still down 90.91% from its 52 week high of $5.50 set on May 2.
Blackboxstocks shares lost 8.51% in intra-day trade following the report.
Blackboxstocks follows other major Information Technology sector earnings this month
Blackboxstocks's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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