Investing.com - Switch reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Switch announced earnings per share of $-0.03 on revenue of $174.47M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $170.31M.
Switch shares are up 86.39% from the beginning of the year and are trading at $33.88 , down-from-52-week-high.
Switch follows other major Information Technology sector earnings this month
Switch'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar