Investing.com - Disco Corp reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Disco Corp announced earnings per share of ¥678.2 on revenue of ¥79.5. Analysts polled by Investing.com anticipated EPS of ¥630.4 on revenue of ¥77.41B.
Disco Corp shares are down 18.72% from the beginning of the year and are trading at ¥33,500.0 , down-from-52-week-high.
Disco Corp follows other major Information Technology sector earnings this month
Disco Corp's report follows an earnings missed by Shift on October 14, who reported EPS of ¥71.33 on revenue of ¥17.87B, compared to forecasts EPS of ¥81.78 on revenue of ¥17.87B.
Sansan had missed expectations on Tuesday with third quarter EPS of ¥-2.6 on revenue of ¥5.71B, compared to forecast for EPS of ¥0.14 on revenue of ¥5.72B.
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