Investing.com - Bm Technologies reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Bm Technologies announced earnings per share of $-0.07 on revenue of $19.86M. Analysts polled by Investing.com anticipated EPS of $0.13 on revenue of $23.94M.
Bm Technologies shares are down 64% from the beginning of the year and are trading at $6.85 , down-from-52-week-high.
Bm Technologies shares lost 16.36% in intra-day trade the report.
Bm Technologies follows other major Information Technology sector earnings this month
Bm Technologies'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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