Investing.com - Cavitation Techs Inc reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Cavitation Techs Inc announced earnings per share of $0.000 on revenue of $963.000. Analysts polled by Investing.com anticipated EPS of $0.000 on revenue of $1.73M.
Cavitation Techs Inc shares are down 75% from the beginning of the year and are trading at $0.024 , down-from-52-week-high.
Cavitation Techs Inc follows other major Information Technology sector earnings this month
Cavitation Techs Inc's report follows an earnings beat by Taiwan Semiconductor on Thursday, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.
Accenture had beat expectations on September 22 with fourth quarter EPS of $2.6 on revenue of $15.42B, compared to forecast for EPS of $2.57 on revenue of $15.39B.
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