Investing.com - Disco (OTC:DSCSY) Corp reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Disco Corp announced earnings per share of ¥678.2 on revenue of ¥79.5. Analysts polled by Investing.com anticipated EPS of ¥630.4 on revenue of ¥77.41B.
Disco Corp shares are down 18.72% from the beginning of the year, still down 7.20% from its 52 week high of ¥36,100.00 set on August 22.
Disco Corp follows other major Information Technology sector earnings this month
Disco Corp's report follows an earnings missed by Shift on October 14, who reported EPS of ¥71.33 on revenue of ¥17.87B, compared to forecasts EPS of ¥81.78 on revenue of ¥17.87B.
Sansan had missed expectations on Tuesday with third quarter EPS of ¥-2.6 on revenue of ¥5.71B, compared to forecast for EPS of ¥0.14 on revenue of ¥5.72B.
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