Investing.com - Trinity reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Trinity announced earnings per share of $0.359 on revenue of $32.8M. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $28M.
Trinity shares are down 2.89% from the beginning of the year and are trading at $3.700 , down-from-52-week-high.They are under-performing the Nasdaq which is up 0.62% from the start of the year.
Trinity shares lost 10.84% in intra-day trade the report.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Bayer AG PK on February 25, who reported EPS of $0.4034 on revenue of $12.22B, compared to forecasts EPS of $0.3815 on revenue of $12.2B.
Moderna had missed expectations on February 25 with fourth quarter EPS of $-0.69 on revenue of $570.75M, compared to forecast for EPS of $-0.3425 on revenue of $279.41M.
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