Investing.com - Omron Cor reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Omron Cor announced earnings per share of ¥99.9 on revenue of ¥220.0. Analysts polled by Investing.com anticipated EPS of ¥80.0 on revenue of ¥206.78B.
Omron Cor shares are down 16.97% from the beginning of the year and are trading at ¥7,037.0 , down-from-52-week-high.
Omron Cor follows other major Information Technology sector earnings this month
Omron Cor's report follows an earnings missed by Canon on Wednesday, who reported EPS of ¥51.34 on revenue of ¥996.1B, compared to forecasts EPS of ¥63.66 on revenue of ¥1,014.94B.
Obic Co Ltd had beat expectations on Tuesday with second quarter EPS of ¥132.77 on revenue of ¥24.97B, compared to forecast for EPS of ¥130.72 on revenue of ¥24.77B.
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