Stock market today: S&P 500 extends monthly win streak despite Nvidia-led stumble
Investing.com - Arena Holdings reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Arena Holdings announced earnings per share of $-0.90 on revenue of $66.7M. Analysts polled by Investing.com EPS of $-0.42 on revenue of $71.77M.
Arena Holdings 's are down 19% and is trading at $13.69 , still down 22.35% from its 52 week high of $17.58 set on Friday, December 10, 2021.
Arena Holdings shares gained 0.29% to trade at $13.69 in after-hours trade the report.
Arena Holdings follows other major Communication Services sector earnings this month
Arena Holdings's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar