Investing.com - iClick Interactive Asia reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
iClick Interactive Asia announced earnings per share of $-0.03 on revenue of $76.32M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $91M.
iClick Interactive Asia shares are down 63.56% from the beginning of the year and are trading at $1.68 , down-from-52-week-high.They are under-performing the Nasdaq which is down 11.01% 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 beat by Tencent ADR on Wednesday, who reported EPS of $1.54 on revenue of $22.62B, compared to forecasts EPS of $0.4748 on revenue of $23.04B.
Deutsche Telekom ADR had missed expectations on February 24 with fourth quarter EPS of $0.2828 on revenue of $32.16B, compared to forecast for EPS of $0.2977 on revenue of $32.27B.
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