Stock Groups Earnings, Revenue Beat in Q3 -Breaking


© Reuters. Quarterly Revenue Beat at (NYSE 🙂 announced Tuesday that the third quarter beat analyst forecasts with revenue exceeding expectations. posted earnings per share (EPS) of $1.27 for revenue $6.86B. polled analyst to predict EPS of $0.9219 based on $6.8B revenue.

The shares of are up 28.25% over the beginning of this year but still down 8.45% from their 52 week high, $311.75 on November 9. The shares are performing better than the Dow Jones, which has risen 12.67% since the beginning of the year.

After-hours trading on lost 5.4% following the news.

This month, is following other important earnings in the Information Technology sector reported its earnings beating by NVIDIA, who on November 17 reported an EPS increase of $1.17 for revenue $7.1B. Forecasts were for an EPS rise of $1.11 to revenue $6.82B.

Cisco exceeded expectations by beating forecasts on November 17, with first quarterEPS of $0.82 on revenue $12.9B. This compares to the $0.8042 expected on revenue $12.98B.

You can keep up-to date on the latest earnings reports by visiting’s earnings calendar

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