Investing.com - Idex Biometrics ASA reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Idex Biometrics ASA announced earnings per share of $-0.75 on revenue of $928K. Analysts polled by Investing.com EPS of $-0.53 on revenue of $1.6M.
Idex Biometrics ASA 's are down 16.92% and is trading at $6.64 , still down 79.00% from its 52 week high of $31.62 set on Tuesday, December 7, 2021.
Idex Biometrics ASA shares lost 8.03% to trade at $6.64 in intra-day trade the report.
Idex Biometrics ASA follows other major Information Technology sector earnings this month
Idex Biometrics ASA'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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