Investing.com - Cellebrite reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Cellebrite announced earnings per share of $0.010 on revenue of $71.7M. Analysts polled by Investing.com anticipated EPS of $0.050 on revenue of $72.13M.
Cellebrite shares are down 38% from the beginning of the year , still down 50.90% from its 52 week high of $10.00 set on Wednesday, November 17, 2021.
Cellebrite shares gained 2.04% in pre-market trade the report.
Cellebrite follows other major Information Technology sector earnings this month
Cellebrite'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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