Investing.com - Itamar Medical (NASDAQ:ITMR) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Itamar Medical announced earnings per share of $-0.2 on revenue of $12M. Analysts polled by Investing.com anticipated EPS of $-0.16 on revenue of $11.11M.
Itamar Medical shares are up 11.13% from the beginning of the year, still down 23.90% from its 52 week high of $29.00 set on August 6, 2020. They are outperforming the Nasdaq which is up 3.22% from the start of the year.
Itamar Medical follows other major sector earnings this month
Itamar Medical's report follows an earnings beat by Industrial Commercial Bank of China on April 29, who reported EPS of $0.7417 on revenue of $33.09B, compared to forecasts EPS of $0.6343 on revenue of $34.72B.
China Construction Bank Corp had beat expectations on April 28 with first quarter EPS of $1.02 on revenue of $30.34B, compared to forecast for EPS of $1.01 on revenue of $31.85B.
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