Investing.com - Stran reported on Monday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Stran announced earnings per share of $-0.02 on revenue of $13.58M. Analysts polled by Investing.com anticipated EPS of $-0.02 on revenue of $14.01M.
Stran shares are down 67% from the beginning of the year, still down 38.33% from its 52 week high of $2.27 set on May 31.
Stran shares gained 2.94% in intra-day trade following the report.
Stran follows other major Communication Services sector earnings this month
Stran'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 $1.26 on revenue of $71B.
Alphabet A had missed expectations on October 25 with third quarter EPS of $1.06 on revenue of $69.09B, compared to forecast for EPS of $1.26 on revenue of $71B.
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