Investing.com - Micro Systemations B reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Micro Systemations B announced earnings per share of kr0.37 on revenue of kr93.70. Analysts polled by Investing.com anticipated EPS of kr1.61 on revenue of kr115M.
Micro Systemations B shares are down 5.39% from the beginning of the year, still down 37.77% from its 52 week high of kr64.60 set on April 5.
Micro Systemations B follows other major Information Technology sector earnings this month
Micro Systemations B's report follows an earnings missed by Ericsson A on October 20, who reported EPS of kr1.57 on revenue of kr68.04B, compared to forecasts EPS of kr1.82 on revenue of kr64.84B.
Lagercrantz B had beat expectations on Tuesday with second quarter EPS of kr0.82 on revenue of kr1.67B, compared to forecast for EPS of kr0.78 on revenue of kr1.58B.
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