Investing.com - Wangsu Science Tech reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Wangsu Science Tech announced earnings per share of ¥0.04 on revenue of ¥1.20. Analysts polled by Investing.com anticipated EPS of ¥0.03 on revenue of ¥1.21B.
Wangsu Science Tech shares are down 16.97% from the beginning of the year , still down 30.66% from its 52 week high of ¥7.73 set on Thursday, February 24, 2022.
Wangsu Science Tech shares gained 6.35% in intra-day trade the report.
Wangsu Science Tech follows other major Information Technology sector earnings this month
Wangsu Science Tech's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, October 20, 2022, who reported EPS of ¥0.64 on revenue of ¥18.15B, compared to forecasts EPS of ¥0.5882 on revenue of ¥21.14B.
Beijing Kingsoft Office had beat expectations on Thursday with third quarter EPS of ¥0.64 on revenue of ¥1.00B, compared to forecast for EPS of ¥0.625 on revenue of ¥987.97M.
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