Investing.com - FinVolution Group reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
FinVolution Group announced earnings per share of 1.72 on revenue of 1.85B. Analysts polled by Investing.com anticipated EPS of 1.57 on revenue of 2.52B.
FinVolution Group shares are up 11% from the beginning of the year and are trading at 5.060 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 5.9% from the start of the year.
FinVolution Group follows other major Technology sector earnings this month
FinVolution Group's report follows an earnings beat by NVIDIA on February 24, who reported EPS of 3.1 on revenue of 5B, compared to forecasts EPS of 2.81 on revenue of 4.82B.
Oracle had beat expectations on Wednesday with third quarter EPS of 1.16 on revenue of 10.09B, compared to forecast for EPS of 1.11 on revenue of 10.05B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar