Investing.com - TietoEVRY reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
TietoEVRY announced earnings per share of €-0.12 on revenue of €686.4M. Analysts polled by Investing.com anticipated EPS of €0.26 on revenue of €669.37M.
TietoEVRY shares are down 25.12% from the beginning of the year , still down 16.22% from its 52 week high of €31.32 set on February 12. They are under-performing the OMX Helsinki 25 which is down 1.12% from the start of the year.
TietoEVRY follows other major Technology sector earnings this month
TietoEVRY's report follows an earnings matched by Vaisala Oyj A on Tuesday, who reported EPS of €0.17 on revenue of €91.4M, compared to forecasts EPS of €0.17 on revenue of €94M.
Basware Oyj had beat expectations on Monday with second quarter EPS of €-0.07 on revenue of €37.77M, compared to forecast for EPS of €-0.2 on revenue of €34.24M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar