Investing.com - iClick Interactive Asia reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
iClick Interactive Asia announced earnings per share of $0.0065 on revenue of $66.56M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $61.45M.
iClick Interactive Asia shares are up 16.67% from the beginning of the year and are trading at $11.42 , down-from-52-week-high.They are outperforming the Nasdaq which is up 6.46% from the start of the year.
iClick Interactive Asia shares gained 1.42% in intra-day trade the report.
iClick Interactive Asia follows other major Services sector earnings this month
iClick Interactive Asia's report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Alibaba ADR had missed expectations on May 13 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.
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