Investing.com - Mix Telemats reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Mix Telemats announced earnings per share of $0.1 on revenue of $36.1M. Analysts polled by Investing.com anticipated EPS of $0.1567 on revenue of $35M.
Mix Telemats shares are up 41% from the beginning of the year and are trading at $12.86 , down-from-52-week-high.They are outperforming the AEX which is up 30.35% from the start of the year.
Mix Telemats follows other major Technology sector earnings this month
Mix Telemats's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar