Investing.com - K2FLY reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
K2FLY announced earnings per share of A$-0.02 on revenue of A$6.46M. Analysts polled by Investing.com anticipated EPS of A$0.10 on revenue of A$5.90M.
K2FLY shares are down 29.51% from the beginning of the year , still down 38.57% from its 52 week high of A$0.35 set on Wednesday, October 20, 2021. They are under-performing the EUR/USD which is down 0% year to date.
K2FLY follows other major Information Technology sector earnings this month
K2FLY's report follows an earnings matched by Wisetech Global on Tuesday, August 23, 2022, who reported EPS of A$0.2548 on revenue of A$325.02M, compared to forecasts EPS of A$0.2548 on revenue of A$331.58M.
Nextdc had missed expectations on Thursday, August 25, 2022 with fourth quarter EPS of A$-0 on revenue of A$148.3M, compared to forecast for EPS of A$0.038 on revenue of A$159.09M.
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