Investing.com - Linx reported on Monday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Linx announced earnings per share of $0.01 on revenue of $40.07M. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $39.4M.
Linx shares are down 45.32% from the beginning of the year, still down 49.42% from its 52 week high of $9.47 set on January 3. They are under-performing the EUR/USD which is down 0% from the start of the year.
Linx follows other major sector earnings this month
Linx's report follows an earnings beat by L’Oreal ADR on July 30, who reported EPS of $3.82 on revenue of $6.92B, compared to forecasts EPS of $0.85 on revenue of $6.98B.
SoftBank Group had beat expectations on Tuesday with second quarter EPS of $2.91 on revenue of $13.71B, compared to forecast for EPS of $0.02 on revenue of $13.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar