Investing.com - Usio (NASDAQ:USIO) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Usio announced earnings per share of $-0.090 on revenue of $16.4M. Analysts polled by Investing.com anticipated EPS of $-0.063 on revenue of $16.7M.
Usio shares are down 29.95% from the beginning of the year, still down 76.22% from its 52 week high of $8.62 set on November 22, 2021.
Usio follows other major Information Technology sector earnings this month
Usio'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar