Investing.com - Electrovaya Inc. reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Electrovaya Inc. announced earnings per share of $-0.005 on revenue of $9.7M. Analysts polled by Investing.com anticipated EPS of $0.000 on revenue of $10.4M.
Electrovaya Inc. shares are up 16.13% from the beginning of the year, still down 24.48% from its 52 week high of $1.43 set on October 15, 2021.
Electrovaya Inc. follows other major Industrials sector earnings this month
Electrovaya Inc.'s report follows an earnings missed by Blackline Safety on September 14, who reported EPS of $-0.27 on revenue of $18.6M, compared to forecasts EPS of $-0.205 on revenue of $18.58M.
Transat AT Inc had missed expectations on September 8 with third quarter EPS of $-3.2 on revenue of $508.3M, compared to forecast for EPS of $-3.19 on revenue of $571.58M.
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