Investing.com - Renishaw reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Renishaw announced earnings per share of £0.71 on revenue of £345.9M. Analysts polled by Investing.com anticipated EPS of £104.95 on revenue of £357.75M.
Renishaw shares are down 64.27% from the beginning of the year and are trading at £3,484.0 , down-from-52-week-high.
Renishaw follows other major Information Technology sector earnings this month
Renishaw's report follows an earnings missed by Computacenter on Friday, September 9, 2022, who reported EPS of £0.67 on revenue of £2.83B, compared to forecasts EPS of £71.30 on revenue of £3,319M.
NCC Group had missed expectations on Tuesday, September 6, 2022 with second quarter EPS of £0.06 on revenue of £164.7M, compared to forecast for EPS of £5.80 on revenue of £160.57M.
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