Investing.com - iClick Interactive Asia reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
iClick Interactive Asia announced earnings per share of $-0.15 on revenue of $38.08M. Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $51.4M.
iClick Interactive Asia shares are down 90.02% from the beginning of the year and are trading at $0.46 , down-from-52-week-high.They are under-performing the Nasdaq which is down 20.54% from the start of the year.
iClick Interactive Asia follows other major Communication Services sector earnings this month
iClick Interactive Asia's report follows an earnings missed by Meta Platforms on July 27, who reported EPS of $2.46 on revenue of $28.82B, compared to forecasts EPS of $2.54 on revenue of $28.91B.
Tencent ADR had missed expectations on August 17 with second quarter EPS of $0.2819 on revenue of $19.73B, compared to forecast for EPS of $0.3769 on revenue of $19.89B.
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