Investing.com - Trinity reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Trinity announced earnings per share of $-0.0782 on revenue of $18.78M. Analysts polled by Investing.com anticipated EPS of $-0.04 on revenue of $20M.
Trinity shares are down 14.34% from the beginning of the year, still down 59.84% from its 52 week high of $3.05 set on September 9, 2021. They are outperforming the Nasdaq which is down 29.51% from the start of the year.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Veeva Systems A on June 1, who reported EPS of $0.99 on revenue of $505.1M, compared to forecasts EPS of $0.9203 on revenue of $495.94M.
Cooper had missed expectations on June 2 with second quarter EPS of $3.24 on revenue of $829.8M, compared to forecast for EPS of $3.43 on revenue of $820.99M.
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