Investing.com - PagSeguro Digital reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
PagSeguro Digital announced earnings per share of R$1.25 on revenue of R$4.04B. Analysts polled by Investing.com anticipated EPS of R$1.25 on revenue of R$4.06B.
PagSeguro Digital shares are down 54.2% from the beginning of the year , still down 58.98% from its 52 week high of R$29.28 set on Thursday, December 9, 2021.
PagSeguro Digital follows other major Information Technology sector earnings this month
PagSeguro Digital's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of R$1.29 on revenue of R$90.1B, compared to forecasts EPS of R$1.26 on revenue of R$88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of R$2.35 on revenue of R$50.1B, compared to forecast for EPS of R$2.32 on revenue of R$49.86B.
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