Investing.com - Fathom Digital Manufacturing reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fathom Digital Manufacturing announced earnings per share of $-0.028 on revenue of $40.2M. Analysts polled by Investing.com anticipated EPS of $-0.010 on revenue of $40.25M.
Fathom Digital Manufacturing shares are down 45% from the beginning of the year, still down 77.83% from its 52 week high of $11.50 set on January 26.
Fathom Digital Manufacturing shares lost 1.54% in intra-day trade following the report.
Fathom Digital Manufacturing follows other major Industrials sector earnings this month
Fathom Digital Manufacturing's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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