Investing.com - springbig Holdings reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
springbig Holdings announced earnings per share of $-0.120 on revenue of $7.46M. Analysts polled by Investing.com anticipated EPS of $-0.160 on revenue of $7M.
springbig Holdings shares are down 30% from the beginning of the year, still down 90.01% from its 52 week high of $9.91 set on April 27.
springbig Holdings follows other major Information Technology sector earnings this month
springbig Holdings's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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