Investing.com - CooTek Cayman reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
CooTek Cayman announced earnings per share of $0 on revenue of $126.4M. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $120.5M.
CooTek Cayman shares are up 40.4% from the beginning of the year, still down 6.59% from its 52 week high of $7.44 set on July 8. They are outperforming the EUR/USD which is down 0% from the start of the year.
CooTek Cayman follows other major Technology sector earnings this month
CooTek Cayman's report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar