Investing.com - LAIX reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
LAIX announced earnings per share of -0.7 on revenue of 235.46M. Analysts polled by Investing.com anticipated EPS of -2.08 on revenue of 261.64M.
LAIX shares are up 26% from the beginning of the year and are trading at 1.99 , down-from-52-week-high.They are outperforming the Nasdaq which is up 9.33% from the start of the year.
LAIX follows other major Technology sector earnings this month
LAIX's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of 1.95 on revenue of 41.71B, compared to forecasts EPS of 1.78 on revenue of 41.04B.
Alphabet C had beat expectations on Tuesday with first quarter EPS of 26.29 on revenue of 55.31B, compared to forecast for EPS of 15.71 on revenue of 51.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar