S&P 500 cuts losses as Nvidia climbs ahead of results
Investing.com - Xwell reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Xwell announced earnings per share of $-0.0700 on revenue of $10.7M. Analysts polled by Investing.com EPS of $-0.0600 on revenue of $16.89M.
Xwell 's are down 53.92% and is trading at $0.5661 , still down 74.15% from its 52 week high of $2.19 set on Tuesday, December 28, 2021.
Xwell follows other major Consumer Discretionary sector earnings this month
Xwell's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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