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Investing.com - BTRS Holdings reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BTRS Holdings announced earnings per share of $-0.13 on revenue of $42.51M. Analysts polled by Investing.com EPS of $-0.08 on revenue of $43.63M.
BTRS Holdings 's are down 32% and is trading at $9.40 , still down 5.63% from its 52 week high of $9.96 set on Tuesday, November 9, 2021.
BTRS Holdings shares lost 0.05% to trade at $9.40 in intra-day trade the report.
BTRS Holdings follows other major Information Technology sector earnings this month
BTRS Holdings'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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