Investing.com - Aurora Mobile reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Aurora Mobile announced earnings per share of ¥-0.040 on revenue of ¥11.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of ¥-0.330 on revenue of ¥87.79M.
Aurora Mobile shares are down 13% from the beginning of the year and are trading at ¥0.899 , down-from-52-week-high.
Aurora Mobile follows other major Information Technology sector earnings this month
Aurora Mobile'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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