Investing.com - Diebold reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Diebold announced earnings per share of $-0.12 on revenue of $810.4M. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $843.5M.
Diebold shares are down 20% from the beginning of the year , still down 80.82% from its 52 week high of $11.00 set on Friday, January 14, 2022.
Diebold shares lost 5.21% in pre-market trade the report.
Diebold follows other major Information Technology sector earnings this month
Diebold'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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