Investing.com - Usio reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Usio announced earnings per share of $-0.090 on revenue of $16.4M. Analysts polled by Investing.com anticipated EPS of $-0.063 on revenue of $16.7M.
Usio shares are up 86.39% from the beginning of the year , still down 76.22% from its 52 week high of $8.62 set on Monday, November 22, 2021.
Usio follows other major Information Technology sector earnings this month
Usio'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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