Investing.com - iClick Interactive Asia reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
iClick Interactive Asia announced earnings per share of $0.03 on revenue of $78M. Analysts polled by Investing.com anticipated EPS of $0.0033 on revenue of $74.34M.
iClick Interactive Asia shares are down 45.78% from the beginning of the year and are trading at $5.07 , down-from-52-week-high.They are under-performing the Nasdaq which is up 16.54% from the start of the year.
iClick Interactive Asia shares gained 9.50% in pre-market trade the report.
iClick Interactive Asia follows other major Communication Services sector earnings this month
iClick Interactive Asia's report follows an earnings beat by Tencent ADR on August 18, who reported EPS of $0.677 on revenue of $21.34B, compared to forecasts EPS of $0.5189 on revenue of $21.46B.
SoftBank Group had beat expectations on August 10 with second quarter EPS of $1.85 on revenue of $13.39B, compared to forecast for EPS of $0.1123 on revenue of $12.22B.
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