Investing.com - Omron Cor reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Omron Cor announced earnings per share of ¥99.9 on revenue of ¥220.0. Analysts polled by Investing.com anticipated EPS of ¥80.0 on revenue of ¥206.78B.
Omron Cor shares are down 16.97% from the beginning of the year, still down 41.91% from its 52 week high of ¥12,115.00 set on December 16, 2021.
Omron Cor follows other major Information Technology sector earnings this month
Omron Cor's report follows an earnings missed by Canon on Wednesday, who reported EPS of ¥51.34 on revenue of ¥996.1B, compared to forecasts EPS of ¥63.66 on revenue of ¥1,014.94B.
Obic Co Ltd had beat expectations on Tuesday with second quarter EPS of ¥132.77 on revenue of ¥24.97B, compared to forecast for EPS of ¥130.72 on revenue of ¥24.77B.
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