Investing.com - HeartCore Enterprises reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
HeartCore Enterprises announced earnings per share of $-0.11 on revenue of $1.87M. Analysts polled by Investing.com EPS of $0.03 on revenue of $4.5M.
HeartCore Enterprises 's are down 67% and is trading at $1.14 , still down 81.58% from its 52 week high of $6.19 set on Friday, February 11, 2022.
HeartCore Enterprises shares lost 11.33% to trade at $1.14 in intra-day trade the report.
HeartCore Enterprises follows other major Information Technology sector earnings this month
HeartCore Enterprises'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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