Investing.com - CooTek Cayman reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CooTek Cayman announced earnings per share of $-0.2 on revenue of $81.55M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $157.4M.
CooTek Cayman shares are down 25.63% from the beginning of the year and are trading at $1.93 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
CooTek Cayman shares lost 6.31% in pre-market trade the report.
CooTek Cayman follows other major Technology sector earnings this month
CooTek Cayman's report follows an earnings beat by NVIDIA on May 26, who reported EPS of $3.66 on revenue of $5.66B, compared to forecasts EPS of $3.29 on revenue of $5.4B.
Cisco had beat expectations on May 19 with third quarter EPS of $0.83 on revenue of $12.8B, compared to forecast for EPS of $0.8219 on revenue of $12.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar