Investing.com - iClick Interactive Asia reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
iClick Interactive Asia announced earnings per share of $0.01 on revenue of $86.82M. Analysts polled by Investing.com anticipated EPS of $0.0167 on revenue of $86.54M.
iClick Interactive Asia shares are down 22.37% from the beginning of the year, still down 65.27% from its 52 week high of $19.09 set on February 11. They are under-performing the Nasdaq which is up 20.56% from the start of the year.
iClick Interactive Asia follows other major Communication Services sector earnings this month
iClick Interactive Asia's report follows an earnings beat by Tencent ADR on November 10, who reported EPS of $0.6362 on revenue of $22.23B, compared to forecasts EPS of $0.4448 on revenue of $22.52B.
Walt Disney had missed expectations on November 10 with fourth quarter EPS of $0.37 on revenue of $18.53B, compared to forecast for EPS of $0.5209 on revenue of $18.8B.
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