Investing.com - Radius Global Infrastructure reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Radius Global Infrastructure announced earnings per share of $0.23 on revenue of $35.3M. Analysts polled by Investing.com anticipated EPS of $-0.26 on revenue of $36.13M.
Radius Global Infrastructure shares are down 48.09% from the beginning of the year, still down 54.28% from its 52 week high of $18.79 set on November 16, 2021.
Radius Global Infrastructure follows other major Communication Services sector earnings this month
Radius Global Infrastructure's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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