Investing.com - CooTek Cayman reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CooTek Cayman announced earnings per share of $-0.2 on revenue of $81.55M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $157.4M.
CooTek Cayman shares are down 25.63% from the beginning of the year, still down 72.31% from its 52 week high of $7.44 set on July 8, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
CooTek Cayman shares lost 6.31% in pre-market trade following the report.
CooTek Cayman follows other major Technology sector earnings this month
CooTek Cayman's report follows an earnings beat by NVIDIA on May 26, who reported EPS of $3.66 on revenue of $5.66B, compared to forecasts EPS of $3.29 on revenue of $5.4B.
Cisco had beat expectations on May 19 with third quarter EPS of $0.83 on revenue of $12.8B, compared to forecast for EPS of $0.8219 on revenue of $12.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar