Investing.com - BTRS Holdings reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BTRS Holdings announced earnings per share of $-0.13 on revenue of $42.51M. Analysts polled by Investing.com anticipated EPS of $-0.08 on revenue of $43.63M.
BTRS Holdings shares are down 32% from the beginning of the year, still down 5.63% from its 52 week high of $9.96 set on November 9, 2021.
BTRS Holdings shares lost 0.05% in intra-day trade following the report.
BTRS Holdings follows other major Information Technology sector earnings this month
BTRS Holdings'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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