Investing.com - YY A reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
YY A announced earnings per share of -1.91 on revenue of 4.1B. Analysts polled by Investing.com anticipated EPS of -0.0632 on revenue of 4.26B.
YY A shares are up 6.78% from the beginning of the year, still down 42.63% from its 52 week high of 148.87 set on February 16. They are broadly in line with the Nasdaq which is up 6.58% from the start of the year.
YY A follows other major Technology sector earnings this month
YY A's report follows an earnings beat by NVIDIA on Wednesday, who reported EPS of 3.66 on revenue of 5.66B, compared to forecasts EPS of 3.28 on revenue of 5.39B.
Cisco had beat expectations on May 19 with third quarter EPS of 0.83 on revenue of 12.8B, compared to forecast for EPS of 0.8219 on revenue of 12.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar