Investing.com - Enghouse Systems reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Enghouse Systems announced earnings per share of C$0.33 on revenue of C$102.11M. Analysts polled by Investing.com anticipated EPS of C$0.3321 on revenue of C$108M.
Enghouse Systems shares are down 32% from the beginning of the year, still down 48.07% from its 52 week high of C$63.31 set on September 9, 2021. They are under-performing the S&P/TSX which is down 8.53% from the start of the year.
Enghouse Systems follows other major Information Technology sector earnings this month
Enghouse Systems's report follows an earnings beat by Descartes Systems on Wednesday, who reported EPS of C$0.3545 on revenue of C$161.5M, compared to forecasts EPS of C$0.345 on revenue of C$150.46M.
Sierra Wireless had beat expectations on August 11 with second quarter EPS of C$0.5503 on revenue of C$240.54M, compared to forecast for EPS of C$0.2812 on revenue of C$222.8M.
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