Investing.com - WiSA Tech reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
WiSA Tech announced earnings per share of $-0.220 on revenue of $1.5M. Analysts polled by Investing.com anticipated EPS of $-0.217 on revenue of $1.43M.
WiSA Tech shares are up 14% from the beginning of the year and are trading at $0.330 , down-from-52-week-high.
WiSA Tech follows other major Information Technology sector earnings this month
WiSA Tech'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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