Investing.com - Mitsui High tec Inc reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Mitsui High tec Inc announced earnings per share of ¥114.75 on revenue of ¥42.68B. Analysts polled by Investing.com anticipated EPS of ¥75.2 on revenue of ¥42.91B.
Mitsui High tec Inc shares are down 20.41% from the beginning of the year, still down 30.36% from its 52 week high of ¥12,880.00 set on April 1.
Mitsui High tec Inc follows other major Information Technology sector earnings this month
Mitsui High tec Inc's report follows an earnings beat by Ai Holdings Corp on August 19, who reported EPS of ¥40.2 on revenue of ¥11.98B, compared to forecasts EPS of ¥21.5 on revenue of ¥11.98B.
Tri Chemical Laboratories had beat expectations on August 31 with second quarter EPS of ¥43.4 on revenue of ¥3.43B, compared to forecast for EPS of ¥32.6 on revenue of ¥3.49B.
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