Investing.com - DecisionPoint Systems reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DecisionPoint Systems announced earnings per share of $0.16 on revenue of $25.71M. Analysts polled by Investing.com EPS of $0.02 on revenue of $20.95M.
DecisionPoint Systems 's are down 67% and is trading at $5.80 , still down 59.21% from its 52 week high of $14.22 set on Thursday, December 16, 2021.
DecisionPoint Systems shares lost 21.62% to trade at $5.80 in intra-day trade the report.
DecisionPoint Systems follows other major Information Technology sector earnings this month
DecisionPoint Systems'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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