Investing.com - Mawson Infrastructure Group reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mawson Infrastructure Group announced earnings per share of $-0.17 on revenue of $28.3M. Analysts polled by Investing.com anticipated EPS of $-0.17 on revenue of $24.2M.
Mawson Infrastructure Group shares are down 12% from the beginning of the year, still down 96.97% from its 52 week high of $13.22 set on November 15, 2021.
Mawson Infrastructure Group follows other major Information Technology sector earnings this month
Mawson Infrastructure Group's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar