Investing.com - Vitec Software B reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vitec Software B announced earnings per share of kr1.76 on revenue of kr504.80. Analysts polled by Investing.com anticipated EPS of kr2.36 on revenue of kr492M.
Vitec Software B shares are down 33.79% from the beginning of the year and are trading at kr368.80 , down-from-52-week-high.
Vitec Software B follows other major Information Technology sector earnings this month
Vitec Software B's report follows an earnings missed by Ericsson A on Thursday, who reported EPS of kr1.57 on revenue of kr68.04B, compared to forecasts EPS of kr1.82 on revenue of kr64.84B.
Mycronic publ AB had beat expectations on Thursday with third quarter EPS of kr1.56 on revenue of kr1.21B, compared to forecast for EPS of kr1.36 on revenue of kr1.12B.
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