Investing.com - Semiconductor Manufacturing reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Semiconductor Manufacturing announced earnings per share of $0.1 on revenue of $938.46M. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $944.39M.
Semiconductor Manufacturing shares are down 0% from the beginning of the year, is at a new 52 weeks high. They are broadly in line with the EUR/USD which is down 0% from the start of the year.
Semiconductor Manufacturing follows other major Technology sector earnings this month
Semiconductor Manufacturing's report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.24B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
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