Investing.com - Channeladvsr Co reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Channeladvsr Co announced earnings per share of $0.23 on revenue of $43.49M. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $43.6M.
Channeladvsr Co shares are up 100% from the beginning of the year, still down 16.71% from its 52 week high of $27.69 set on November 17, 2021.
Channeladvsr Co follows other major Information Technology sector earnings this month
Channeladvsr Co'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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