Caesars Entertainment misses Q2 earnings expectations, shares edge lower
Investing.com - Sapiens reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sapiens announced earnings per share of $0.24 on revenue of $119M. Analysts polled by Investing.com EPS of $0.30 on revenue of $122.83M.
Sapiens 's are down 26.01% and is trading at $16.82 , still down 56.11% from its 52 week high of $38.32 set on Friday, November 19, 2021.
Sapiens shares lost 10.39% to trade at $16.82 in intra-day trade the report.
Sapiens follows other major Information Technology sector earnings this month
Sapiens'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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