TSX runs higher on rate cut expectations
Investing.com - Omniq Corp reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Omniq Corp announced earnings per share of $-0.5200 on revenue of $27.01M. Analysts polled by Investing.com EPS of $-0.3200 on revenue of $26.1M.
Omniq Corp 's are down 30% and is trading at $6.2949 , still down 42.14% from its 52 week high of $10.88 set on Monday, November 15, 2021.
Omniq Corp follows other major Information Technology sector earnings this month
Omniq Corp'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