Investing.com - Linx reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Linx announced earnings per share of $0.01 on revenue of $41.14M. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $41.33M.
Linx shares are down 21.35% from the beginning of the year, still down 27.24% 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 Industrial Commercial Bank of China on October 30, who reported EPS of $0.66 on revenue of $29.54B, compared to forecasts EPS of $0.49 on revenue of $28.59B.
China Construction Bank Corp had beat expectations on October 29 with third quarter EPS of $0.81 on revenue of $26.74B, compared to forecast for EPS of $0.75 on revenue of $25.24B.
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