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Investing.com - Cerner reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Cerner announced earnings per share of $0.72 on revenue of $1.37B. Analysts polled by Investing.com EPS of $0.71 on revenue of $1.37B.
Cerner 's are down 2.89% and is trading at $71.27 , still down 11.90% from its 52 week high of $80.90 set on Wednesday, February 5, 2020.
Cerner shares lost 2.02% to trade at $71.27 in intra-day trade the report.
Cerner follows other major Technology sector earnings this month
Cerner's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.82 on revenue of $37.15B, EPS of $1.54 on revenue of $35.76B.
Taiwan Semiconductor had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of $0.92 on revenue of $12.4B, for EPS of $0.84 on revenue of $11.84B.
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