Investing.com - Vislink Tech reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vislink Tech announced earnings per share of $-0.060 on revenue of $7.1M. Analysts polled by Investing.com anticipated EPS of $-0.020 on revenue of $9.63M.
Vislink Tech shares are down 30% from the beginning of the year, still down 79.64% from its 52 week high of $1.94 set on November 16, 2021.
Vislink Tech follows other major Information Technology sector earnings this month
Vislink Tech'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.
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