Investing.com - Q2 Holdings reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Q2 Holdings announced earnings per share of $0.10 on revenue of $144.86M. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $146.82M.
Q2 Holdings shares are up 100% from the beginning of the year and are trading at $26.44 , down-from-52-week-high.
Q2 Holdings follows other major Information Technology sector earnings this month
Q2 Holdings's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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