Investing.com - Computer Task reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Computer Task announced earnings per share of $0.110 on revenue of $75M. Analysts polled by Investing.com anticipated EPS of $0.160 on revenue of $86.73M.
Computer Task shares are down 35% from the beginning of the year and are trading at $7.578 , down-from-52-week-high.
Computer Task shares lost 3.96% in intra-day trade the report.
Computer Task follows other major Information Technology sector earnings this month
Computer Task'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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