Investing.com - Linx reported on Monday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Linx announced earnings per share of $0.01 on revenue of $40.07M. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $39.4M.
Linx shares are down 45.32% from the beginning of the year and are trading at $4.79 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Linx follows other major sector earnings this month
Linx's report follows an earnings beat by L’Oreal ADR on Thursday, July 30, 2020, who reported EPS of $3.82 on revenue of $6.92B, compared to forecasts EPS of $0.85 on revenue of $6.98B.
SoftBank Group had beat expectations on Tuesday with second quarter EPS of $2.91 on revenue of $13.71B, compared to forecast for EPS of $0.02 on revenue of $13.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar