Microvast Holdings announces departure of chief financial officer
Investing.com - Transphorm Tech reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Transphorm Tech announced earnings per share of $-0.09 on revenue of $3.67M. Analysts polled by Investing.com EPS of $-0.10 on revenue of $3.6M.
Transphorm Tech 's are down 29.95% and is trading at $6.56 , still down 28.23% from its 52 week high of $9.14 set on Monday, November 15, 2021.
Transphorm Tech follows other major Information Technology sector earnings this month
Transphorm Tech'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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