Microvast Holdings announces departure of chief financial officer
Investing.com - Matrix reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Matrix announced earnings per share of $-0.24 on revenue of $44.87M. Analysts polled by Investing.com EPS of $-0.21 on revenue of $199.21M.
Matrix 's are down 5.02% and is trading at $4.97 , still down 57.74% from its 52 week high of $11.76 set on Monday, November 8, 2021.
Matrix follows other major Industrials sector earnings this month
Matrix's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $16.95B, for EPS of $1.14 on revenue of $17.31B.
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