Investing.com - YY A reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
YY A announced earnings per share of -1.86 on revenue of 3.78B. Analysts polled by Investing.com anticipated EPS of 7.54 on revenue of 6.63B.
YY A shares are up 7.85% from the beginning of the year, still down 29.48% from its 52 week high of 148.87 set on February 16. They are outperforming the TA 35 which is up 5.27% 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 Adobe on Tuesday, who reported EPS of 3.14 on revenue of 3.91B, compared to forecasts EPS of 2.79 on revenue of 3.76B.
Oracle had beat expectations on March 10 with third quarter EPS of 1.16 on revenue of 10.09B, compared to forecast for EPS of 1.11 on revenue of 10.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar