Investing.com - Via Optronics reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Via Optronics announced earnings per share of €-0.24 on revenue of €43.86M. Analysts polled by Investing.com anticipated EPS of €-0.31 on revenue of €44.62M.
Via Optronics shares are down 1% from the beginning of the year and are trading at €1.56 , down-from-52-week-high.
Via Optronics follows other major Information Technology sector earnings this month
Via Optronics's report follows an earnings beat by Broadcom on September 1, who reported EPS of €9.73 on revenue of €8.46B, compared to forecasts EPS of €9.56 on revenue of €8.41B.
Oracle had missed expectations on September 12 with first quarter EPS of €1.03 on revenue of €11.45B, compared to forecast for EPS of €1.07 on revenue of €11.33B.
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