Investing.com - Spark Networks (NYSE:LOV) reported on Monday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Spark Networks announced earnings per share of $1.22 on revenue of $51.98M. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $56.45M.
Spark Networks shares are down 36.71% from the beginning of the year, still down 68.75% from its 52 week high of $8.00 set on March 30, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Spark Networks follows other major Communication Services sector earnings this month
Spark Networks's report follows an earnings missed by Deutsche Telekom ADR on February 24, who reported EPS of $0.2828 on revenue of $32.16B, compared to forecasts EPS of $0.2977 on revenue of $32.27B.
NetEase had beat expectations on February 24 with fourth quarter EPS of $9.9 on revenue of $24.37B, compared to forecast for EPS of $6.47 on revenue of $24.01B.
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