Investing.com - Ziff Davis reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ziff Davis announced earnings per share of $1.58 on revenue of $341.87M. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $346.22M.
Ziff Davis shares are down 48.09% from the beginning of the year and are trading at $73.84 , down-from-52-week-high.
Ziff Davis follows other major Communication Services sector earnings this month
Ziff Davis's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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