Investing.com - Fast Radius reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fast Radius announced earnings per share of $-0.290 on revenue of $7.07M. Analysts polled by Investing.com anticipated EPS of $-0.280 on revenue of $7.25M.
Fast Radius shares are down 98.47% from the beginning of the year and are trading at $0.151 , down-from-52-week-high.
Fast Radius follows other major Industrials sector earnings this month
Fast Radius's report follows an earnings beat by Deere&Company on Wednesday, who reported EPS of $7.44 on revenue of $14.35B, compared to forecasts EPS of $7.12 on revenue of $13.48B.
Siemens ADR had beat expectations on Thursday, November 17, 2022 with fourth quarter EPS of $1.74 on revenue of $21.25B, compared to forecast for EPS of $1.65 on revenue of $19.4B.
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