Investing.com - Park City Group reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Park City Group announced earnings per share of $0.060 on revenue of $4.72M. Analysts polled by Investing.com anticipated EPS of $0.080 on revenue of $5.36M.
Park City Group shares are down 63% from the beginning of the year and are trading at $5.030 , down-from-52-week-high.
Park City Group follows other major Information Technology sector earnings this month
Park City Group's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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