Investing.com - Trinity reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Trinity announced earnings per share of $0.0489 on revenue of $22M. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $24.25M.
Trinity shares are down 28% from the beginning of the year, still down 75.30% from its 52 week high of $6.80 set on February 10. They are under-performing the Nasdaq 100 which is up 26.39% from the start of the year.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Medtronic on November 23, who reported EPS of $1.32 on revenue of $7.85B, compared to forecasts EPS of $1.29 on revenue of $7.96B.
Agilent Technologies had beat expectations on November 22 with fourth quarter EPS of $1.21 on revenue of $1.65B, compared to forecast for EPS of $1.18 on revenue of $1.66B.
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