Investing.com - Grom Social Enterprises reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Grom Social Enterprises announced earnings per share of $-0.100 on revenue of $1.48M. Analysts polled by Investing.com anticipated EPS of $-0.100 on revenue of $1.9M.
Grom Social Enterprises shares are down 90% from the beginning of the year and are trading at $0.179 , down-from-52-week-high.
Grom Social Enterprises follows other major Communication Services sector earnings this month
Grom Social Enterprises's report follows an earnings beat by Tencent ADR on November 15, who reported EPS of $0.4669 on revenue of $19.79B, compared to forecasts EPS of $0.447 on revenue of $20.01B.
Walt Disney had missed expectations on November 8 with fourth quarter EPS of $0.3 on revenue of $20.15B, compared to forecast for EPS of $0.59 on revenue of $21.38B.
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