Investing.com - Edgio reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Edgio announced earnings per share of $-0.190 on revenue of $121.2M. Analysts polled by Investing.com EPS of $-0.040 on revenue of $121.61M.
Edgio 's are up 4.35% and is trading at $2.160 , still down 61.08% from its 52 week high of $5.55 set on Tuesday, April 5, 2022.
Edgio follows other major Information Technology sector earnings this month
Edgio'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar