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Investing.com - MICT reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
MICT announced earnings per share of $-0.190 on revenue of $35.28M. Analysts polled by Investing.com EPS of $-0.010 on revenue of $41.78M.
MICT 's are up 7% and is trading at $0.870 , still down 41.38% from its 52 week high of $1.45 set on Monday, November 15, 2021.
MICT shares gained 2.35% to trade at $0.870 in pre-market trade the report.
MICT follows other major Information Technology sector earnings this month
MICT'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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