Investing.com - Mix Telemats reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mix Telemats announced earnings per share of $0.15 on revenue of $36.2M. Analysts polled by Investing.com anticipated EPS of $0.0733 on revenue of $35.26M.
Mix Telemats shares are down 2.46% from the beginning of the year, still down 26.74% from its 52 week high of $16.79 set on July 1, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Mix Telemats follows other major Information Technology sector earnings this month
Mix Telemats's report follows an earnings beat by Apple on January 27, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on January 25 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.
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