Investing.com - Know IT AB reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Know IT AB announced earnings per share of kr0.69 on revenue of kr1.52. Analysts polled by Investing.com anticipated EPS of kr3.85 on revenue of kr1.39B.
Know IT AB shares are down 22.64% from the beginning of the year and are trading at kr199.60 , down-from-52-week-high.
Know IT AB follows other major Information Technology sector earnings this month
Know IT AB's report follows an earnings missed by Ericsson A on October 20, who reported EPS of kr1.57 on revenue of kr68.04B, compared to forecasts EPS of kr1.82 on revenue of kr64.84B.
Lagercrantz B had beat expectations on Tuesday with second quarter EPS of kr0.82 on revenue of kr1.67B, compared to forecast for EPS of kr0.78 on revenue of kr1.58B.
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