Investing.com - Xiaomi reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xiaomi announced earnings per share of 0.18 on revenue of 85.58B. Analysts polled by Investing.com EPS of 0.167 on revenue of 82.55B.
Xiaomi 's are down 10.45% and is trading at 14.78 , still down 51.46% from its 52 week high of 30.45 set on Friday, June 4, 2021.
Xiaomi follows other major Information Technology sector earnings this month
Xiaomi's report follows an earnings missed by Xinyi Solar on Monday, February 28, 2022, who reported EPS of 0.21 on revenue of 7.99B, EPS of 0.28 on revenue of 7,415M.
Lenovo Group had beat expectations on Wednesday, February 23, 2022 with third quarter EPS of 0.055 on revenue of 20.13B, for EPS of 0.0475 on revenue of 19.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar