Investing.com - Ironnet reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ironnet announced earnings per share of $-0.2033 on revenue of $6.61M. Analysts polled by Investing.com anticipated EPS of $-0.21 on revenue of $7.55M.
Ironnet shares are down 37% from the beginning of the year , still down 95.37% from its 52 week high of $47.50 set on Thursday, September 16, 2021.
Ironnet follows other major Information Technology sector earnings this month
Ironnet's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, compared to forecasts EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on Thursday, September 1, 2022 with third quarter EPS of $9.73 on revenue of $8.46B, compared to forecast for EPS of $9.56 on revenue of $8.41B.
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