Investing.com - Sopra Steria reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sopra Steria announced earnings per share of €5.55 on revenue of €1.28B. Analysts polled by Investing.com anticipated EPS of €4.94 on revenue of €2,497M.
Sopra Steria shares are up 2% from the beginning of the year and are trading at €162.10 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.68% from the start of the year.
Sopra Steria follows other major Information Technology sector earnings this month
Sopra Steria's report follows an earnings beat by Dassault Systemes on Tuesday, who reported EPS of €0.26 on revenue of €1.38B, compared to forecasts EPS of €0.2497 on revenue of €1.33B.
STMicroelectronics had beat expectations on Thursday with second quarter EPS of €0.92 on revenue of €3.84B, compared to forecast for EPS of €0.7959 on revenue of €3.74B.
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