Crispr Therapeutics shares tumble after significant earnings miss
Investing.com - Commscope Hlding reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Commscope Hlding announced earnings per share of $0.50 on revenue of $2.38B. Analysts polled by Investing.com EPS of $0.45 on revenue of $2.3B.
Commscope Hlding 's are up 17.25% and is trading at $12.87 , still down 6.26% from its 52 week high of $13.73 set on Wednesday, October 26, 2022.
Commscope Hlding follows other major Information Technology sector earnings this month
Commscope Hlding'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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