Investing.com - LAIX reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
LAIX announced earnings per share of -3.99 on revenue of 228.34M. Analysts polled by Investing.com anticipated EPS of -3.87 on revenue of 323.05M.
LAIX shares are up 30.92% from the beginning of the year and are trading at 1.99 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
LAIX follows other major Technology sector earnings this month
LAIX's report follows an earnings beat by Apple on April 28, who reported EPS of 1.4 on revenue of 89.58B, compared to forecasts EPS of 0.9864 on revenue of 77.09B.
Facebook had beat expectations on April 28 with first quarter EPS of 3.3 on revenue of 26.17B, compared to forecast for EPS of 2.35 on revenue of 23.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar