Investing.com - Iveda Solutions reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Iveda Solutions announced earnings per share of $-0.06 on revenue of $1.47M. Analysts polled by Investing.com anticipated EPS of $-0.03 on revenue of $1.2M.
Iveda Solutions shares are down 96% from the beginning of the year and are trading at $0.63 , down-from-52-week-high.
Iveda Solutions follows other major Information Technology sector earnings this month
Iveda Solutions's report follows an earnings missed by NVIDIA on November 16, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on November 16 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
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