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Investing.com - BTCS reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BTCS announced earnings per share of $-0.0800 on revenue of $344.2K. Analysts polled by Investing.com EPS of $-0.0200 on revenue of $600K.
BTCS 's are down 62% and is trading at $1.1600 , still down 86.94% from its 52 week high of $8.88 set on Thursday, January 13, 2022.
BTCS shares gained 3.57% to trade at $1.1600 in intra-day trade the report.
BTCS follows other major Information Technology sector earnings this month
BTCS's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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