Investing.com - Sage reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sage announced earnings per share of £0.13 on revenue of £909.0M. Analysts polled by Investing.com anticipated EPS of £11.11 on revenue of £922.49M.
Sage shares are up 37% from the beginning of the year, still down 0.52% from its 52 week high of £802.40 set on November 18. They are outperforming the STOXX 600 which is up 22.85% from the start of the year.
Sage follows other major Information Technology sector earnings this month
Sage's report follows an earnings missed by Samsung Electronics Co Ltd DRC Pref on October 28, who reported EPS of £37.96 on revenue of £63.25B, compared to forecasts EPS of £38.16 on revenue of £62.07B.
Hon Hai Precision ADR had beat expectations on November 12 with third quarter EPS of £0.1919 on revenue of £50.51B, compared to forecast for EPS of £0.1678 on revenue of £49.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar