Investing.com - Universal Scientific Industrial reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Universal Scientific Industrial announced earnings per share of ¥0.48 on revenue of ¥20.59. Analysts polled by Investing.com anticipated EPS of ¥0.31 on revenue of ¥18.56B.
Universal Scientific Industrial shares are down 16.97% from the beginning of the year and are trading at ¥16.81 , down-from-52-week-high.
Universal Scientific Industrial shares lost 10.01% in intra-day trade after the report.
Universal Scientific Industrial follows other major Information Technology sector earnings this month
Universal Scientific Industrial's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, October 20, 2022, who reported EPS of ¥0.64 on revenue of ¥18.15B, compared to forecasts EPS of ¥0.5882 on revenue of ¥21.14B.
Beijing Kingsoft Office had beat expectations on Thursday with third quarter EPS of ¥0.64 on revenue of ¥1.00B, compared to forecast for EPS of ¥0.625 on revenue of ¥987.97M.
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